)The top 100 stock
market authors
selected for publication
market authors
selected for publication
User 127440
»
Comments
| 
-
The Seeking Alpha 100
See all
Seeking Alpha 100 » -
Fastest Climbers
Authors with the largestSee all
increase in followers
in the last 7 days
Fastest Climbers » -
Top Commenters
Top commenters,See all
as ranked by their peers
Top Commenters » -
Top Instabloggers
The 100 most active
Instabloggers.-
1
David Fry
-
2
TraderMark
-
3
Don Dion
-
4
Cliff Wachtel
-
5
Mike Havrilla
Top Instabloggers » -
1
-
Top StockTalkers
Top
StockTalkers.-
1
David Fry
-
2
Cliff Wachtel
-
3
Mike Havrilla
-
4
David White
-
5
Hedged In
Top StockTalkers » -
1
Sort by:
Latest | Highest ratedDow's 52 Week High Hasn't Been Confirmed [View article]
If for example only 10,000 shares of the Dow 30 were traded on any particular day, it would be excessively easy for any institution to make the Dow whatever they wanted it to be.
Additionally if the DOW shoots up 3% today but trades 1 billion shares and drops 3% tomorrow but trades 5 billion shares, its indicative that people are more willing to sell than to buy.
It's RELATIVE volume not ABSOLUTE volume (16 million shares on 10/24/1929 means nothing if 16 million shares were traded daily then, the fact that that was NOT average volume speaks volumes).