How bipolar is this market? On 6 Nov when WAAAX stocks dropped...

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    How bipolar is this market?

    On 6 Nov when WAAAX stocks dropped 4% in a single day, I noted here stating that it was irrational and over the top response.
    What did the market do then? Short memory all over, and in one week, it has gained 13.8% ! It has gone crazy the other way !
    Justified? Fundies beating the drumbeat on XRO and APT, and the rest is history. Oh, these fundies may well be taking the chips off the table while the exuberance last.

    Column 1 Column 2 Column 3 Column 4 Column 5 Column 6
    0     30/10 Start 6/11 14/11 Chg% from start
    1   Growth Stocks (WAAAX Index)   100.00   95.89   109.16 9.16%
    2 1 AFTERPAY (APT)   $   28.65   $   25.94   $    31.60 10.30%
    3 2 WISETECH (WTC)   $   25.89   $   26.09   $    28.59 10.43%
    4 3 XERO (XRO)   $   69.26   $   67.50   $    77.63 12.08%
    5 4 ALTIUM (ALU)   $   31.67   $   31.34   $    33.98 7.29%
    6 5 APPEN (APX)   $   21.76   $   19.96   $    23.00 5.70%
 
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