The volumes last night were below those of thurs night. But they were not 'light'.
I would like to know what you make of thursday nights volume and rebound [on volume]
IMO, thurs will prove to be the big dump. The volumes were so high [on both the fall and rebound] that anyone wanting to sell had a chance to get out.
Obviously, for every sell there is a buy. So a fair amount of accumulation has been going on in the markets aswell [esp thurs from the lows and last night when the DOW fell to only 80 point advances]
I would also like to know what you think will be the catalyst for the 500point 'capitulation day' [that i think was thurs by-the-way]
Sub-primes; Hedge-funds; Credit; Ill-liquidity....?? I don't think any of these could do it. They already factored it
They will arise and case 1-1.5% losses, but not the 5-8% one-day-losses that your speculating
Your thoughts......???
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