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Non-Tech : Cendant Corporation (NYSE:CD)
CD 4.850-0.5%Jan 9 9:30 AM EST
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To: Roy F who wrote (970)7/14/1998 11:26:00 AM
From: 16yearcycle  Read Replies (1) of 3627
 
Almost sold at 17 figuring it would have trouble getting through,but it blew past a couple minutes ago.should get to 17.75, which I think was the old intraday low.

I don't ordinarily think like this, but it is the short term traders who are controlling the movement now. After a day or two, i would think the value investors would have brought some sanity to this stock and it should be quite stable after that.
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