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Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: Michael who wrote (65987)	5/12/2002 10:02:58 AM
From: nsumir81	Read Replies (1) \| Respond to of 99280

I think that $volume chart goes back to start of '02 not YTD. I have seen the chart before and it seems that it has not been updated.

To: Michael who wrote (65987)	5/12/2002 12:58:29 PM
From: ChrisJP	Respond to of 99280

Hi Michael and davidd, thanks for the link to cross currents. As for dollar volume -- if you want to continue riding the gloom and doom bandwagon, then I guess those numbers are true. NASDAQ prices didn't REALLY collapse until July 2001. So if you're comparing dollar volume for the total year, maybe dollar volume is down 40%. But with the NASDAQ composite down 70% and trading volume is down 25% means that daily dollar volume is down 77.5%. But with the public being bombarded by soooooo much negativity, I guess that what will happen next is that even mild selling will be met with NO BUYING (like Sept 20th). So I guess a big drop is entirely possible. Chris