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To: jim kelley who wrote (19994)10/30/1997 5:36:00 PM
From: Dwight E. Karlsen  Respond to of 176387
 
Although, there is a desire to beat the small investor into submission so that he won't come back into the market until his wounds heal.

Huh. And here all this time I thought stock prices rise and fall depending on supply (sell orders) and demand (buy orders). Now you tell me it's some kind of discipline thing, with the MMs being mean taskmasters, using the stock price as a paddle. Hmmmmm..