All intent is designed to construct favorable effects to meet systems ends. Seeing the market as a System of Systems changes everything. Here is where all the data are adjudicated. Until one comes to terms with these facts, your views dont matter, your opinions, just iterated GIGO.
The Nasdaq Market Float Since 1997
Mon/Yr..Trade Days..# Compy..TotlVol...AverD Vol
Jul-97. 22.....6388... 14,659,052,996.. 666,320,591
Mar-98. 21.....6143... 17,694,084,535.. 842,575,454
Jul-99. 21.....5400... 21,249,135,986.. 1,001,863,618
Jan-00. 20.....5233.…. 33,859,912,232.. 1,692,995,612
Jul-03. 22.....3671... 38,984,813,325.. 1,772,036,969
Jan-04. 20.....3560... 46,649,555,963.. 2,332,477,798
Jul-05. 20.....3441.…. 33,681,072,462.. 1,684,053,623
Apr-06. 19.....3384... 40,846,016,058.. 2,149,790,319
Jul-07. 21.....3348... 46,780,102,818.. 2,227,623,944
Jan-08. 21.....3299... 56,616,100,438.. 2,696,004,783
Nov-08. 19.....3199... 42,460,731,579.. 2,234,775,346
Jul-09. 22.....3024... 48,456,198,558.. 2,202,554,480
Apr-10. 21.....2982... 53,597,263,077.. 2,552,250,623
May-10.........2977....57,205,068,222.. 2,860,253,411 |
