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CNBC's Bob Pisani was commenting this morning on the record NYA volume on
Thursday. Attached is an intraday view of the volume showing how the shares
per minute increased in the closing minutes each day since Monday. The
midday base level usually drops to 1.5 million shares per minute but
Thursday's panic kept it above 2 million shares. The net volume was of
course extremely negative. This would seem to add some weight to the belief
that Thursday may be a significant pivot low.
BobR
http://www.oextrader.com/sigma_trader
http://www.zubee.com
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