Re: Market efficiency: good or bad?

Eugene Leitl (
Fri, 2 Jul 1999 10:39:50 -0700 (PDT)

John Clark writes:

> Day traders do make me a little mad but that's life and they cause no net
> change, they just increase the volatility, not the end of the world. The best

I am not so sure. I'm waiting for the self-fullfilling y2k prophecy to beging several months before y2k. The daytrader lemmings would amplify the trend vastly.