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S&P 500
5,567.19
(
1.06%
)
US TECH 100
19,828.00
(
0.95%
)
Dow Jones
39,375.87
(
0.17%
)
Brent Oil
86.54
(
-0.27%
)
Bitcoin
56,335.55
(
-3.37%
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HokieHead

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HokieHead

Re: None

Wednesday, 10/21/2009 4:16:29 PM

Wednesday, October 21, 2009 4:16:29 PM

Post# of 4679
Sniff, Sniff...

Where did the volume go on this drop??

Week ending 9/25
Volume 5,888,401
Day Average 5.8 million all on Friday

Week ending 10/2
Volume 15,023,660
Daily Average 3,004,732

Week ending 10/9
Volume 5,104,453
Daily Average 1,020,891

Week ending 10/16
Volume 1,794,942
Daily Average 358,988

Current Week (3 days)
Volume 707,960
Daily Average 235,987

My conclusion - Tons of shares were grabbed early on here by someone or a group of people with deep pockets. Those shares have not come back out on the way down.

My 2nd conclusion - They are not going to be coming back to the market anytime soon.

My 3rd conclusion - Will you guys just get on with it???

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