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Shades of 1993 in the Nasdaq

Stock quotes in this article: TOMO , SOHU , RATE , MNST  

This column was originally published on RealMoney on Nov. 23 at 12:12 p.m. EST. It's being republished as a bonus for TheStreet.com readers.

Some say that stock movements are completely random, and that trying to make sense of them is about as constructive as digging for gold in your back yard.

Others swear that there is a rhyme and reason for every move.

I'm not a member of either camp. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,482.01 1,114.37 2,216.17 35.46
Oil *
73.40
UP
30.01
UP
6.44
UP
15.12
DOWN
0.57
10 Yr
3.55%
SPDR Gold
111.35
+0.29%
+0.58%
+0.69%
-1.58%
Data delayed 20 minutes

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