Interesting post from RB. If these numbers are valid it sure puts a question on Appleby's homework.
By: coalburner
Reply To: None
Wednesday, 18 Aug 1999 at 6:19 PM
EDT
Post # of 13058
Volume comparison:
NASDAQ:
Q199 - 59,162,000,000 (61 trading days)
Q299 - 61,628,000,000 (63 trading days)
Q399 - 30,985,0000,000 (32 of 64 trading days, so half-way)
NYSE:
Q199 - 48,786,000,000
Q299 - 49,652,000,000
Q399 - 23,342,000,000 (half-way)
OTCBB:
Q199 - 14,847,000,000
Q299 - 25,514,000,000
Q399 - 9,300,000,000 (half-way)
*1998*:
NASDAQ:
Q198 - 43,325,000,000
Q298 - 47,570,000,000
Q398 - 25,320,000,000 (half-way)
full Q399 - 49,128,000,000
NYSE:
Q198 - 38,211,000,000
Q298 - 38,302,000,000
Q398 - 21,738,000,000 (half-way)
full Q398 - 45,467,000,000
OTCBB:
Q198 - 6,880,000,000
Q298 - 8,763,000,000
Q398 - 3,650,000,000 (half-way)
full Q398 - 6,841,000,000
Of interest: almost to the day, this is the point where volume started picking up
last year. It has been 9 days since there was a NASDAQ volume of over 1
billion, but today we had another. It would be just too funny if...
Also, NASDAQ fell 26 points in the last 45 minutes of the trading day; NITE
fell only 5/16 in that same amount of time, and this on a day when there was bad
news (except someone was a bit off on that!) Could it be we just can't fall much
more?
Considering rounding out the shares....CB
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