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Strategies & Market Trends : The Final Frontier - Online Remote Trading

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To: TFF who wrote (5985)12/9/1998 11:02:00 PM
From: Mark Davis  Read Replies (2) of 12617
 
I'm on the record as being concerned about the extreme volatility caused in MOSTLY half baked stocks by so called day traders. What you have here is an abuse of a system created to encourage two sided trading and reasonable speculation by informed participants.

The pinheads lurking in chat rooms, are simply causing buying stampedes in stocks, that force MM's to lift prices. It's a form of implicit collusion. Hey boyz, you don't fix every horse race on the card and hold a public celebration after day is over. You're supposed to keep it subtle.

Now you've made the big bad MM's mad, and they're not gonna let you play quite the same way. In other words you've blown it. I saw it coming a mile away.

See:
thestreet.com

I assume everyone has made their million and doesn't care, but it would have been nice if we could have kept things a bit more civil.

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