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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: russwinter who wrote (29499)3/28/2005 1:08:53 PM
From: kailuabruddah  Read Replies (3) | Respond to of 110194
 
Definitely an anemic volume day so far...

Nasdaq volume traded by 1 PM:

MAR 23: 1,002 Million
MAR 24: 951 Million

Today: 811 Million

If that's all the bulls can do, the sell-off is going to be vicious when it resumes...

Not sure why the volume is so low - some people extending a 3-day weekend into a 4-day weekend?

I'm watching ELBO and GME (PSP related hype) as "rally proxies" here... when they start to fade, that may be the signal that the real selling has begun anew...

AN looks like a good one...

Also note the 52-week lows in AIG and WMT - but they have reversed modestly into the green for now...