this is what art cashin said today on cnbc...he s an old timer and knows what a bear is unlike so many young guns...I think he said the rally wasnt on impressive volume...?Does anybody have a volume chart?
edit:i checked out a yahoo vol chart of dow and the vol was about double in the last hour vs the first hour...the 2nd to last hr had good volume and the 3rd to last hour where the rally started from had lo vol...
What i noticed in the last hour was that the TICK was often in the 1200-1300 range with no major pullbacks....Usually when it hits +/- 900 ,stocks will have a nice pullback.Not today.