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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 672.07-1.7%Nov 13 4:00 PM EST

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To: donald sew who wrote (26190)9/17/1999 4:35:00 PM
From: S. Chiang  Read Replies (1) of 99985
 
<< We all know how volitile the NAZ/NDX are, and rarely do they just sit around. Of the last 6 trading days for the NDX, 5 of them had the intraday highs within about 20 points of each other. I did a quick eyeball on the chart so its an approximation. >>

Don,

Very good observation. I scan daily NDX further back. I just found out that 8 out of 10 trading days, it closed at either high or low of the day. Very interesting. Could be a good opportunity for making some money.

SC
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