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Technology Stocks : Advanced Micro Devices - Moderated (AMD)
AMD 214.990.0%Dec 26 9:30 AM EST
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To: Mani1 who wrote (85441)7/20/2002 6:52:37 PM
From: rwhighamRead Replies (2) of 275872
 
"This market is seriously strange. Every time you feel that the capitulation is happening, you get a bogus rally. The latest one was last Monday. I am not big on conspiracy, but what caused that monster rally on Monday? There was no news, no nothing, and Dow rallied 400 points in one hour!"

Those big up-ticks only happen during a bear market. These are short-covering rallies. I had a link to the statistics on these but can't find it.
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