Here is some missing information for ya.
From: dvdw© of 2579 A new decade record low # of Companies 3208; participated in yesterdays NAZDAQ trade. 51 less than were trading in March 08
Compare March 2008 full month data versus March 2000 as updated below. Clearly, investors are recognizing the extent of the inertia overlaid on this market, and our interests specifically, the gross conflict between who owns shares, and who needs shares, is the source of all present conditions across our complex.
The systems hubris is that its foundations were always designed around the assumption that investors, would fold in the face of the artifact price, when the output of a fear not free market, reached the present crescendo.
RW Emerson once said; "what you are; speaks so loud, it matters not what you say." That friends, is where we are now.
The story begins in March 2000
March 2000 had 22 trading days. There were 4947 companies trading stock in the Nazdaq during March 2000.
Total Monthly exchange volume was 44,682,703,641 The Total Volume was done using trades 54,601,890 Of The volume Block Vol was 15,240,913,856 The block Volume was taken with block trades 603,487
Move forward to March 2008 20 days of trading. (only 20 days in Month due to Early Easter)
Avg # of Companies trading; 3259
After 20 Days Total Volume has been 45,832,405,758 After 20 days Total Trades used 170,897,290 After 20 days Total Block Vol has been 5,357,133,459 After 20 Days Total Block trades used 157,799 |