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Nasdaq Trades 18 TRILLION Shares in 20 Minutes

Monday, 27 August 2007 @ 8:40 pm by Will · misprints • Comments off

Anyone else notice the volume readings on Yahoo Finance this morning?

Let’s see… multiply 18 trillion by the average share price on the Nasdaq, and we must have turned over the entire world’s money supply a few times today. Now that’s what I call a blowoff top! Note that the wimpy NYSE had only traded a measly 13 BILLION shares in the same 20 minutes.

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