To: John Vosilla who wrote (75252 ) 4/2/2007 6:28:42 PM From: shades Read Replies (2) | Respond to of 306849 DJ CBOE: March Busiest Month Ever; Total Volume 83 Mln Contracts The Chicago Board Options Exchange said March was its busiest month ever, with record-breaking total volume of 83 million contracts. The number of March contracts increased 51% over March 2006 and surpassed a previous record of 70.5 million contracts set last May. Average daily volume for the month was also a record of 3.8 million contracts, up 58% over March 2006, the Chicago-based exchange said in a press release. March set new records in multiple products due to increased market volatility, CBOE said. -Greg Wright, Dow Jones Newswires; 202-862-3546; gregory.wright@dowjones.com (END) Dow Jones Newswires April 02, 2007 18:18 ET (22:18 GMT)I find I agree with none of them these days except the ultra cautious savy long time investor You sound more and more like a boglehead diehard investor everyday Vosilla. Sarasotaman phil says you got to understand wallstreet though, they get rich by rotating stocks and sectors and making the big gains in the rotations ahead of the dumb sheeple dumping ground. They must create volatility if none comes forth naturally. If you just buy and hold you don't really do as well eh? He says financials and semi's have to go up soon, the big boys can't just keep pumping money into oil/energy - got to rotate - you disagree? Otherwise he says the market is headed south fast.hussmanfunds.com Dear Wall Street analysts and financial reporters – when investors purchase a stock in the secondary market, the dollars that buyers bring “into” the market are immediately taken “out of” the market in the hands of the sellers. It is an exchange. This is why the place it happens is called a “stock exchange.” The stock market is not an air balloon into which money goes in or out and expands or contracts that balloon. Nor is it a water balloon that is expanded by pouring in “liquidity.” Prices are not driven by the amount of money that buyers “put in” or sellers “take out” (as those dollar amounts are identical). Prices are determined by the relative eagerness of the buyer versus the seller. If a dentist in Poughkeepsie is willing to pay up 10 cents to buy a single share of General Electric, the total market value of General Electric increases by over $1 billion (GE has 10.28 billion shares outstanding - do the math). In this way, market capitalization can be created and destroyed out of thin air and on the smallest of trading volumes. So you'd better be sure that the there is a sound and fairly reliable stream of expected cash flows backing up the value of the securities you're buying. Cash does not ever find a “home” in a secondary market. Every time you hear the phrase “investors are putting money into…” or “investors are taking money out of …” or “money is flowing out of … and into …,” it is a signal that the speaker is unable to distinguish a secondary market from a primary one. Money Flow Table For Major U.S. Indexes And Stocks .MONEY FLOW - UPTICK/DOWNTICK TRADING DOLLAR VOLUME Apr 2, 2007, 4:00 p.m. Eastern Time MARKET MONEY FLOW (in millions) RATIO TODAY PREV DAY DJIA +79.3 +194.0 104/100 Blocks +13.8 +308.9 103/100 DJ US Total Mkt +547.8 +1170.0 103/100 Blocks +441.9 +1892.3 111/100 S & P 500 +272.4 +914.6 102/100 Blocks +170.7 +1644.2 106/100 Russell 2000 +173.4 +230.4 106/100 Blocks +94.6 +237.2 121/100 DJ Wilshire 5000 +508.6 +0.0 103/100 Blocks +549.3 +0.0 115/100 ISSUE GAINERS EXCH CLOSE PRICE MONEY FLOW RATIO (in millions) NYSE Group (N) 95.04 +155.6 251/100 NymexHldgs (N) 132.97 +118.3 466/100 FordMotor (N) 8.09 +72.7 416/100 KBR (N) 20.69 +71.3 724/100 MasterCard (N) 106.96 +59.5 308/100 AnadrkPete (N) 43.70 +51.4 255/100 Intel (Nq) 19.13 +47.0 161/100 VirginMedia (Nq) 25.03 +44.1 335/100 Citigroup (N) 51.05 +42.3 143/100 Nasdaq 100 (Nq) 43.59 +41.8 115/100 Google (Nq) 458.53 +41.8 110/100 GlblImaging (Nq) 28.64 +35.9 261/100 Illumina (Nq) 29.23 +35.3 1247/100 ChiMerc (N) 543.88 +35.2 139/100 Wachovia (N) 53.59 +34.8 144/100 Schlumbgr (N) 70.82 +33.9 125/100 Merck (N) 45.01 +32.3 150/100 Ipsco (N) 130.64 +30.1 162/100 WellsFargo (N) 34.01 +29.5 152/100 BrisMyrsSqb (N) 27.88 +29.2 251/100 ISSUE DECLINERS EXCH CLOSE PRICE MONEY FLOW RATIO (in millions) FstData (N) 32.45 -186.6 73/100 Tribune (N) 32.81 -128.5 37/100 iShrRu2000 (N) 79.75 -118.6 58/100 ApacheCp (N) 71.26 -74.1 34/100 Hallibrtn (N) 32.27 -67.5 69/100 TysonFood A (N) 19.69 -49.1 22/100 DgtlRltyTr (N) 39.82 -37.7 12/100 Microsoft (Nq) 27.74 -36.7 72/100 Amazon.com (Nq) 40.42 -31.5 41/100 WalMart (N) 47.40 -29.8 67/100 Qimonda ADS (N) 14.63 -26.2 10/100 MolsonCoors B (N) 94.39 -25.0 46/100 WebExComm (Nq) 56.73 -24.5 17/100 Realogy (N) 29.73 -21.0 37/100 SPDR Utils (A) 40.65 -20.7 48/100 WstrnUnion (N) 22.18 -20.1 32/100 iShrDJUSRE (N) 86.25 -19.4 63/100 SunMicrsys (Nq) 5.80 -18.7 64/100 ITT Cp (N) 60.76 -16.4 42/100 RegBkHldrs (A) 155.71 -15.9 57/100 Moneyflow figures are the dollar value of composite uptick trades minus the dollar value of downtick trades. The up/down ratio reflects the value of uptick trades relative to the value of downtick trades.