Obama Defies Pessimists as Rising Economy Converges With Stocks

dapperdan said

That chart is a bit misleading when you account for the volume coming from High Frequency Trading.

From January 27, 2010 (so it's recent):

http://www.tradersmagazine.com/news/high-frequency-trading-stocks-volume-104994-1.html



Take out 55% of the volume, and what would that chart look like?

Yes, the article quotes Nasdaq numbers, but DJIA numbers are about the same.

Click to expand...

Take out 55% and it's par for the course from 2006-2007 (and this assumes there was NO high frequency trading before, which is not the case as it has for some time comprised a relatively high share of the overall volume). So either way, you can't call it low volume.