The market dropped 96 points in the last half hour of trading today. 65% of the total trading volume for the day occurred in this period and trading for the day was almost double the recent average. The end of the trading day usually is higher in both trades and pricing due to program trades. Today is definitely an anomaly.
David DeGerolamo
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At some point, even Pontius Pilate had to wash his hands. While that was a more figurative act than what the institutional investors are doing by selling off, this action of the pension funds and investment banks is as decisive as anything a Roman governor could commit… the ‘bank governors’ see where things are headed, and many are beginning to get cold feet at the prospect of being accessories to the greatest theft ever committed. WE HAVE BEEN WARNED