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A SUPER LIGHT VOLUME DAY 6 comments
December 11, 2009
A SUPER LIGHT VOLUME DAY
Better Retail Sales and Consumer Sentiment data helped bulls push equity prices higher today. The dollar continued its climb while commodities (energy and gold) and bonds fell. The ongoing “dollar carry trade” seems at risk but that didn’t seem to bother bulls in the short-term.
Volume is hitting holiday-like lows which help bulls manage a positive day easily. Breadth was mostly positive.
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This post has 6 comments:
Take the Russell for example. For every 12 block trades that were up today, there were 100 block trades that were down. On the other hand, the Direxion triple ETF (FAS) had 323 block trades that were up for every 100 block trades that were down. Would anybody like to bet that almost all of those trades didn't happen in that final laughable hour? What does this tell us? It tells us that the big boyz are going let the Russell small caps tank in the coming weeks while they game the financial sector. Why those bastards aren't all in jail is beyond me. I think their day is probably coming once they've pushed the American people a step too far.
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We can all hope, but big money is all that really matters. We put a petty thief in jail for years, but when da boyz steal billions or trillions ... there's plenty left to payoff the powers that be and the lobbyists.
Did get a nice stocking stuffer offer in the email box from OptionsXpress I thought I would pass along to anyone interested. They are giving $350 to anyone who opens a new account with at least $500 (I guess that leaves out VPRS....they don't have that much) and makes 5 trades in 6 months. I received mine from WhatTheMarketWants from Sabrient. Check it out if interested.
not had a lot of "demand" volume, but even worse, no "supply" volume, the
kind that takes out supports.
Volume has picked up, relatively, over the past several trading days, more
likely distribution going on as strong hands sell into weak hands.
I am thinking this is from the Muscles McGirk episode, not 100% sure. Anyone positive? Is this an actual still, or promotional picture?
Inquiring minds want to know.
[Door is gone? Where is door? -- Fawlty Towers.]
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