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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Shea who wrote (24400)	4/20/2000 12:36:00 PM
From: Rande Is	Read Replies (6) \| Respond to of 57584

Hi, Kevin. Hey. . .what I am seeing both in chat rooms and on the most volatile intradays. . . is that the buoyancy has been taken out of momentum plays. Where typically a day like this would see tremendous volatility by daytraders bidding up their favorite stocks when MMs go home early [like today]. . .which we call Holidility. . . today, we are NOT seeing these effects so far at all. Could it be that so many daytraders were slaughtered by margin calls on this past decline that it leaves too few to make a difference? Or do they just not realize what they COULD be doing? Even the daytrading chat rooms are relatively silent. Rande Is