Volume- This is another big warning sign for stocks

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This is another big warning sign for stocks

Wednesday, February 09, 2011
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From Zero Hedge:

And while the market grinds up for the 8th day in a row, bad news for the brokers is getting acute.

To wit: NYSE volume today was the lowest so far in 2011. With nearly half the quarter in the books, stock trading is persisting at the same Q4 levels that forced banks to announce a plunge in trading-related commissions.

As we noted back in August, the only way for stock volume to surge is for a concerted selling event, which is the only time stock volume is beyond the good old vapor we have grown to love...

Read full article...

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Topics:		Volume \| Stocks

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