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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts

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To: Don Pueblo who wrote (25907)4/3/2000 8:22:00 PM
From: Doppler  Read Replies (1) of 63513
 
I'm just going off the top of my head here from experience, but in an individual stock, volume on a capitulation day is double or triple (or sometimes more). Look at LU recently. It's capitulation day was 20X normal volume. With an index it isn't as high, but it certainly has to be a significant percentage above the average daily volume. Today's 1.7 billion is probably close to the average for the last 30 days. Many days we have been near 2 billion. Jeff
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