5 signs of a crazy/irrational market in which nothing makes sense except you should be buying are
1. Great results get punished, crap results get rewarded
2. Share prices fall by 40% in some cases in a day on slight misses (oversold by a country mile)
3. Nothing seems to impress the punters, even if there is nothing wrong they will argue that the MD's hair looks weird so its a sell
4. It's a day traders picnic, volatility is their favourite word
5. Charting right now is irrelevant