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March 31, 2009

Market Action, March 31 2009 - Light Volume Continues

Following up on yesterday's post, volume was 5.8 billion today.  And, unfortunately for the bulls, much of that came in during the last hour of the day when the market started selling off.  Volume at 2pm was barely pushing 3 billion.

Moves on light volume do not inspire confidence.

Posted at 05:49 PM in Market Action |

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Comments

psychodave

"Moves on light volume do not inspire confidence."
Agree.

Especially with BAC & C being up double digit percentages ... and even AIG was up a nickel. It does not bode well.

Posted by: psychodave | March 31, 2009 at 06:01 PM

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