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Re: [RT] NYSE and Nas Volume for 7/5/02



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Extrapolation and excuses do not cut it for me. Each day, investment
managers have stocks to sell and stocks to buy and that work must be
completed in the time allotted for trading, no matter how long or short the
trading day. The up/down volume ratios over the past few days flipped from
extremely bearish to extremely bullish ... one could make the excuse that
this was attributable to WCOME ... so what. Friday's volume, especially for
the NYSE was light. In my book, the jury will remain out until I see how the
market behaves under normal or higher volume.

Earl

----- Original Message -----
From: "John Cappello" <jvc689@xxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Cc: <MedianLine@xxxxxxxxxxxxxxx>
Sent: Sunday, July 07, 2002 9:59 AM
Subject: [RT] NYSE and Nas Volume for 7/5/02


> So the statement that the rally was on light volume needs to be
> placed in its proper perspective. In reality the volume may have been
> typical for the time frame in 2002.
>


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