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To: zurdo who wrote (5130)10/15/1999 9:44:00 PM
From: Herschel Rubin  Read Replies (1) | Respond to of 10027
 
zurdo,

No, it hasn't helped, but that's not the point of posting daily Nasdaq volume totals.

Rather, it seems the information is difficult to find (Nasdaqtrader doesn't update the monthly totals for Nasdaq volume on a daily basis as far as I can tell). Autex has the information, but for a fee.

BTW, today's hostile market backdrop didn't help many stocks either.



To: zurdo who wrote (5130)10/15/1999 10:07:00 PM
From: gbh  Read Replies (3) | Respond to of 10027
 
Zurdo, NITE' price picture will only be "repaired" after a quarter or two of "earnings repair". Add on to the earnings uncertainty, the fact that the entire financial sector is being beaten down and you can see what we all see.

Herschel's posting of daily volume figure helps to illustrate that the volume piece of the earnings puzzle is in place. If NITE traders can take care of managing the risk of volatility, then longs will be rewarded.

The stock won't likely significantly bounce back too quickly. So shorts needn't worry too much, right now that is.

What shorts should think long and hard about is another month or so of the same kind of volume and volatility we've seen of late. If we get this, we may well get a pre-announcement from the company concerning next quarters earnings. "Analyst estimates too low", plus all those short shares. Now that will be real fun, won't it?

Gary