Count on it....mischaracterization of at least some or even most of the particles of any volume is a given.
That concept applies to this data perfectly.The Nasdaq Market Float Since 1997 The Math of the Market 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* Flash Crash 5-6 4.5bil 2943companies Sept-10........2914.... Nov-10.........2941....42,183,589,365..2,008,742,351 Dec-10........2900.... Mar 2011....2914..40,289,690,615..ADV 2,120,510,032 May 2011 ...2881 43,314,364,851 ADV 2,062,588,802 July 11...... .2857 38,302,934,478...ADV 1,915,146,724 Oct 2011.....2842 44,691,480,4311 ADV 2,128,165,735 APR 2012....2804 34,686,739,001 ADV 1,734,336,950 Jul 2012......2790 34,834,229,792 ADV 1,658,728,847 Nov 2012 21Days 2740 companies Totl Mnth vol 36,150,040,710 avg dv 1,721,468,605 Jan 2013 21Days 2716 companies TotlMnthVol 39,589,749,754 Avg Dly Vol 1,885,226,179 Mar 2013 21 Days 2684 companies New Record low MAY 2013 22Days 2.727 companies 39,396,427,609 totl vol Avg Dly Vol 1,791,415,451 July 2013 22Days2,737 companies 36,055,422,920 totl vol Avg Daily Vol 154,257,713 |