MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 683.89

+0.3%

Dec 3 4:00 PM EST

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To: KymarFye who wrote (61658)	10/31/2000 5:25:45 PM
From: Techplayer	Read Replies (1) of 99985

Kymarfye, OT...I saw on CNBC the other day that in 130/208 trading days (updated to 133/211 I believe) there has been greater than a 100 point swing in the Nasdaq intraday. That is incredible, imo. The number of days with a 150+ point swing is around 80 now. What is your feeling or technical analysis telling you about the overall direction of this volatility in the short term? might you expect a run in the morning after a day like this followed by some profit taking or would you expect a decline followed by the resumption of buying? as always, thanks for your thoughts. Tp

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