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For example BAC has average daily volume of 251,280,000. 20 minutes before the close 67,462,651 shares have traded. That's around 26% of the daily average. Maybe around 30% on close.

Any ideas? :confused:

OSLO — The Norwegian Nobel Committee says U.S. President Barack Obama has won the 2009 Nobel Peace Prize for "his extraordinary efforts to strengthen international diplomacy and cooperation between peoples." more...

I just don't think that the average investor is smart enough to read between the lines. I also think the average trader doesn't have time to read between the lines and doesn't care and will just go with the hype. I think it's one piece of "positive" news that the market can feel it has a...

The one bank stock that he is in and likes the most is down the most today out of the bank stocks. :p

I've already seen those charts, when will the other shoe fall? I still feel like there needs to be something to trigger it. I almost feel like big institutional traders are not shorting/selling for some reason. Volume is below average on most stocks, so everything is drifing up on the...

That's a very good point. I think the general public is sitting around thinking with all these layoffs, record high unemployment, an apparently weak economy, why are we at record highs? It doesn't make sense to them so they aren't buying it, which may explain why volume is below average on...

No just pointing out how strange that similarity is. :p

For those that watched the Paul Tudor Jones documentary on youtube, you should check this out: http://www.elitetrader.com/vb/showthread.php?s=&postid=2598342#post2598342

For the bears on here, you should check out the commentary press release that hit the DIA today. This is a pretty interesting read: http://finance.yahoo.com/news/Allow-Me-to-Introduce-The-etfguide-3350250093.html?x=0&.v=1 For those that watched the Paul Tudor Jones documentary on...

This news just came out tonight... Justice Department opens IBM antitrust probe http://biz.yahoo.com/rb/091007/business_us_ibm_antitrust.html?.v=3 Will be interesting to see how IBM trades tomorrow and effects the DOW. It closed up a $1.43 to $122.78, may end up giving that back plus...

Another article on it: Justice Department opens IBM antitrust probe http://biz.yahoo.com/rb/091007/business_us_ibm_antitrust.html?.v=3 Appears to all be coming out late at night tonight. Should be interesting to see how IBM trades tomorrow.

Kind of reminds me of what happened to Microsoft. link: http://finance.yahoo.com/news/Justice-Dept-probing-IBMs-apf-3860784914.html?x=0&sec=topStories&pos=main&asset=&ccode=

Long article that came out after hours today. To sum it up, the guy interviewed was named best on the street for his coverage. He's a CFA ex Federal Reserve Bank Examiner. Some highlights of the article is he sais Wells Fargo is a sell, calling it to rich at the current prices, trading at 3...

Do you see either a positive or negative impact? :confused:

Came out after hours today from the Wall Street Journal. Do you think this is good or bad news for the bank stocks? Looks like the first inside look into earnings from research firm Keefe, Bruyette and Woods. source: http://online.wsj.com/article/SB125496650465272431.html

good point

:confused:

If ever there was a time to raise interest rates, this week would be it. I don't think I've ever seen Gold get so much news coverage in a long time.

Looks like laying off workers is how more and more companies are cutting costs. Higher unemployment for the sake of meeting earning estimates. ----------- SAN FRANCISCO - Dell Inc said it will close a North Carolina desktop computer manufacturing plant early next year, laying off 905...