Monday, August 25, 2008

Dog Days Are Here

All five trading days last week ranked among the ten lowest volume days for the NYSE in 2008. Thursday and Friday were the two lowest days, with Friday taking top honors for the slowest trading day of the year. With even more days off expected on Wall Street this week leading up to the Labor Day holiday, more 2008 low-volume records should be broken. For those that are trading this week, check the spreads before placing market orders. Your normal bids and asks may be sipping margaritas at the beach!

2nysevolume1

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.