MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 675.37

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To: eichler who wrote (64981)	12/21/2000 8:32:08 PM
From: KymarFye	Read Replies (1) of 99985

Trying the same thing, but got, so to speak, caught short - drew back from the intraday charts, which sometimes tend to make things look relatively rational, and looked at some of the dailies. I know I questioned someone who called this market "zany" the other day, but, though I do think it's not really any zanier than Feb-Mar, the price action on some of these stocks is pure insanity, or inanity, or both. What else is there to be said about a stock like INKT? Round trip from 21 to 49 back to 20 in the space of 13 sessions... Or, over the same period, QLGC: 73 to 130 to 63... ITWO: 41 to 70 to 36. EXTR: 46 to 89 to 26... ARTG: 27 to 49 to 19... It goes on and on... That strikes me as rather volatile.

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