[lbo-talk] Dow turns -300 to +300 in an afternoon

[B.]

Wasn't this called "whipsawing" in the past ("the
market is whipsawing"), or is that term for longer
periods of this kind of bipolar/blowin' hot and
cold-type activity...?

-B.

Doug Henwood wrote:

"Stocks staged a dramatic intraday turnaround
Wednesday, with the Dow Jones Industrial Average
rising more than 600 points from its session nadir to
end the day with an advance of 300 points, as
financial  shares rallied."