gunDriller
29th June 2010, 10:43 AM
http://ichart.finance.yahoo.com/b?s=^DJI&lang=en-US®ion=US
The stock market has 3% down days all the time. Every once in a while, things get more interesting, like on May 6, the so-called Flash Crash.
I'm curious if there is a correlation between Heavy Volume and the 3% down day turning into a Major Down Day.
I notice there was a big increase in volume at 1:30 Eastern today, right about when the market decline was 267 points.
But that was it - after the volume spike, trading for a half hour went back to normal.
Anyway, I'm just wondering - do spikes in Trading Volume on these Major Down Days tend to be correlated to any other interesting stock market phenomena ?
The stock market has 3% down days all the time. Every once in a while, things get more interesting, like on May 6, the so-called Flash Crash.
I'm curious if there is a correlation between Heavy Volume and the 3% down day turning into a Major Down Day.
I notice there was a big increase in volume at 1:30 Eastern today, right about when the market decline was 267 points.
But that was it - after the volume spike, trading for a half hour went back to normal.
Anyway, I'm just wondering - do spikes in Trading Volume on these Major Down Days tend to be correlated to any other interesting stock market phenomena ?