With One Trading Hour Left, NYSE Volume Is 50% Of Average

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Tue, 05/10/2011 - 15:03 | 1260020 NOTW777
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this could be the most boring trading day of the year

Tue, 05/10/2011 - 15:06 | 1260040 Saxxon
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Tue, 05/10/2011 - 16:03 | 1260311 HarryWanqer
HarryWanqer's picture

Rumors of an AAPL split.  We get that and a NFLX split and we're back in business!

Tue, 05/10/2011 - 16:48 | 1260533 Terminus C
Terminus C's picture

It liiiiiiiiiiiiiiiivvvvvvvvvveeeeeeeesssssss!!!!!!!!!

We missed you Harry.

Tue, 05/10/2011 - 17:36 | 1260672 tmosley
tmosley's picture

With a q, not a g.  This is another metatroll, but one that has been MIA for some time.

Tue, 05/10/2011 - 16:15 | 1260355 Vagabond
Vagabond's picture

AIM went down (and is still down) for a number of partners starting at about 3:30 today.  I wonder if that has an impact?

Tue, 05/10/2011 - 15:12 | 1260071 Misean
Misean's picture

Expect things to get boringer.

Tue, 05/10/2011 - 15:15 | 1260085 Dr. Engali
Dr. Engali's picture

I hear you. There used to be a time when it was fun to trade the market. Now it's like watching grass grow.

Tue, 05/10/2011 - 15:18 | 1260117 tmosley
tmosley's picture

More like watching zombies mill around a mall parking lot.


We play our little games, sniping away, while below us is a scene of true and utter horror, made somehow normal by passing time.

Tue, 05/10/2011 - 18:27 | 1260832 Zero Govt
Zero Govt's picture

"watching grass grow" ..."zombies in a car park" ...let's add watching paint dry to the list of Stock Market metaphors ...and we can add tumbleweed blowing across the CME Crimex soon too

...no wonder Timmay is so keen to keep sending huge delegations (read vested interests) across to growing China ...now the US Parasite Club have robbed and emptied everything not tied down in America they'll be working on the Chinese Govt officials how to tax their private sector and asset strip it with regulation, how to rape pensions, pump and dump property and market rigging (as perfected in NY and Chicago)

Tue, 05/10/2011 - 15:06 | 1260037 Saxxon
Saxxon's picture

Want to go short but shall stay my hand until after the budget ceiling compromise.  This thing could explode to the upside. Not saying it's right, just saying what is.

Tue, 05/10/2011 - 15:11 | 1260078 hambone
hambone's picture

"could" explode to the upside???  What has the last 2 years and 100%+ upside been?

I'd subsribe to the school of thought market will centrally plan it's way to a 1-2% gain monthly from here on...what other option do they have?  The market left to it's own devices would seek to find equilibrium...far too dangerous.

Tue, 05/10/2011 - 16:05 | 1260322 SheepDog-One
SheepDog-One's picture

Right, why not just blow past the old ridiculous bubble level DOW 14,000 and make it look like nothing, based on nothing? You can go and buy it, I tell them to go suck paddy water Im buying other things than this scam of a market.

Tue, 05/10/2011 - 16:12 | 1260356 Saxxon
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I meant, from a daytrading triple-short ETF perspective . . . we are talking about the same thing here gentlemen.

Tue, 05/10/2011 - 16:23 | 1260386 ZeroPower
ZeroPower's picture

You shall not use "up" and "stocks" in the same sentence on ZH.

Tue, 05/10/2011 - 16:33 | 1260426 SheepDog-One
SheepDog-One's picture

Nah, Im not trading anything thats less than 5x inverse ETF.

Tue, 05/10/2011 - 15:03 | 1260038 NOTW777
NOTW777's picture

UNP and ESRX strong

Tue, 05/10/2011 - 16:29 | 1260405 rocker
rocker's picture

The only thing that is "Really" strong is Body Odor from the Pigs pumping this up.

BAC, JPM and GS together only had one bad trading day in 90 days amongst themselves.  That stinks for a real market.

It's all Fake and is rigged to no end.  As soon as alien money comes in their computers attack it. Long or Short.

Tue, 05/10/2011 - 15:14 | 1260044 plocequ1
plocequ1's picture

My name is John Q Taxpayer. I am volume. 

Tue, 05/10/2011 - 15:19 | 1260107 Fidel Sarcastro
Fidel Sarcastro's picture

Volume?  What volume? 

Tue, 05/10/2011 - 15:05 | 1260045 buzzsaw99
buzzsaw99's picture

 The lower the volume the easier it is to goose. bitchez.

Tue, 05/10/2011 - 15:05 | 1260047 hambone
hambone's picture

I may live a long life and double my current 40 years and still never see the "market" crash again...it may go up or down but that will be on central planning orders.

Market died long ago.  Now just theatre.

Tue, 05/10/2011 - 15:07 | 1260055 Boilermaker
Boilermaker's picture

All it's missing is a mask, tights, a cool nickname, and a perfect super-plex and it's full-on entertainment.

Tue, 05/10/2011 - 15:08 | 1260048 Boilermaker
Boilermaker's picture

Time to ramrod the DOW to a full 'hundo' for the people.  It's too irresistible not to.

REITs, also on fumes, are taking a magic carpet ride into the stratosphere for no reason.  Unless you could the record delinquencies in CMBS as a reason.

I quit.  All I can do is shake my head and barf.

Tue, 05/10/2011 - 15:10 | 1260070 plocequ1
plocequ1's picture

In the the time it takes you to barf, You could be pressing that buy button on your Etrade account and make some Timmay bucks

Tue, 05/10/2011 - 15:25 | 1260136 Sophist Economicus
Sophist Economicus's picture

Jeepers, are you still shorting those things?   Every piece of debt will be supported.   The banks are not going down.   Now, I'm talking in nominal terms, not real terms -- but your shorts will burn-up.   Uncle FED won't let their shareholders down. 

IMHO, it is better to buy assets on the cheap, using incredibly shrinking fiat then to play poker with the folks who own the printing press...


Tue, 05/10/2011 - 15:07 | 1260054 firstdivision
firstdivision's picture

NZD is ripping tits on shorts.  Didn't know New Zealand was going to become the leading economic indicator.

Tue, 05/10/2011 - 15:08 | 1260060 lizzy36
lizzy36's picture

I keep hearing that at 13,000 the retail money is going to come flying in (from where.....no clue, but i digress). Because given the choice, retail money will flee from food and fuel, and into PCLN, NFLX........food is so last decade.

Tue, 05/10/2011 - 15:13 | 1260076 tickhound
tickhound's picture

You can't eat food. 

Tue, 05/10/2011 - 15:32 | 1260165 Francis Dollarhyde
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Soylent green is people!

Tue, 05/10/2011 - 18:40 | 1260862 Lets_Eat_Ben
Lets_Eat_Ben's picture

haha...nice. "I can't EAT food" terrific, terrific.

Tue, 05/10/2011 - 15:14 | 1260079 Tyler Durden
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And since nobody even has actual possession of their stock certificates, one day DTCC will be the location of the biggest feast in history as cellulose is edible (if not digestible).

Tue, 05/10/2011 - 15:17 | 1260100 Misean
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It's easier for the government to confiscate pensions and 401K's that way.

Tue, 05/10/2011 - 15:22 | 1260125 NotApplicable
NotApplicable's picture

Aren't they all digital now?

Tue, 05/10/2011 - 15:22 | 1260135 max2205
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Tue, 05/10/2011 - 16:10 | 1260336 Crack-up Boom
Crack-up Boom's picture

Who junked TD??  Not I, btw.

Tue, 05/10/2011 - 18:42 | 1260870 Lets_Eat_Ben
Lets_Eat_Ben's picture

I think RoboTrader junked everyone. Either way, we should still blame him.

Tue, 05/10/2011 - 17:22 | 1260636 Kickaha
Kickaha's picture

"securities entitlements and stock certificates"  There, I fixed that for you.

Tue, 05/10/2011 - 15:20 | 1260111 gordengeko
gordengeko's picture

Fiat shit paper casino in the sky, ain't nothing about this game thats real but our attention we pay it.

Tue, 05/10/2011 - 15:11 | 1260062 willien1derland
willien1derland's picture

But the Meltup will on take half the effort - BFTD will mean soooo much more


Tue, 05/10/2011 - 15:10 | 1260074 Boilermaker
Boilermaker's picture

What's clear is that they are taking opportune moments to 'shove' up the market and key sectors.  Then, of course, let it drift and 'shove' again.  Probably does f'ing wonders on stop loss orders for shorts and negative ETFs.

Tue, 05/10/2011 - 15:18 | 1260067 hugovanderbubble
hugovanderbubble's picture

market pumped 20 points on levitation in just two days....decreasing volume, and raising prices= bearish divergence, but who cares.


also look the intraday range for oil 4%¡ jajaja, what a band of terrorists

Tue, 05/10/2011 - 15:12 | 1260069 Gubbmint Cheese
Gubbmint Cheese's picture

cue Robo with a plethora of charts and annoying commentary on how everything is so awesome in his deluded world which is completely void of fundamentals...



Tue, 05/10/2011 - 16:06 | 1260332 SheepDog-One
SheepDog-One's picture

RainbowTrader tries to act like hes disgusted by 'the pigmen', but his dream is to be one. All too obvious.

Tue, 05/10/2011 - 15:12 | 1260083 LRC Fan
LRC Fan's picture

I wonder what the $ value of all stocks traded on the NYSE is in a normal day.  Like SPY trades 100 million shares, at $130 or whatever, so that's $13 billion in turnover in one day.  Where the fuck does that money come from, if not from HFTs trading with each other?  Like do "institutions" really trade GE, MSFT, CSCO, and INTC every single fucking day, multiple times a day?  It makes no sense to me other than the markets are, and always have been, rigged as fuck.  Like what has changed from 2 hours ago that you must suddenly sell your 100k shares of Pfizer on behalf of Jane Q 401k Holder?  I have a modest 401k that just has 10% in company stock and the rest in a simple "broader market" fund which basically means SPY.  I don't want them to trade in and out every fucking day, just accumulate some shares every other week when I make my deduction.  Actually, I'm gonna cash that fucker out soon once I become fully vested.  Company match, bitchez! 


But seriously where the hell does all this money come from to trade stocks hundreds of millions of shares every single day?  I know the volume lately has been beyond pathetic but I think normal volume should actually be a hell of a lot lower than even this-who the fuck is trading so many shares every second?  HFTs I suppose.  Sigh.

Tue, 05/10/2011 - 15:30 | 1260161 TooBearish
TooBearish's picture

Dood- you don't need  a lot of money to HFT trade - just minimum capital - its almost infinite.  PS Tyler volume only matters on downtrades....

Tue, 05/10/2011 - 15:31 | 1260163 Re-Discovery
Re-Discovery's picture

Lots of round tripping going on.  Avg holding time is updated here often.  I want to say several seconds.  Roundtripping adds to volume each time it occurs.  So the dollars are in and out very quickly.  Doesn't take much cash in the system to generate this volume (which is exactly the point.)

Tue, 05/10/2011 - 15:34 | 1260189 Tomified
Tomified's picture

The buyers don't have to sell, ever. It's as simple as that.

Tue, 05/10/2011 - 15:13 | 1260087 Platinum_Investor
Platinum_Investor's picture

Just keep buying !  up up up.   Buy the large caps as that's what they are


Tue, 05/10/2011 - 15:13 | 1260092 ghostfaceinvestah
ghostfaceinvestah's picture

Isn't there huge POMO the first three days this week?

Just coincidence, I'm sure.

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