Those that day trade stocks know what i'm talking about. Daily ranges of stocks continue to contract. More importantly, there is no longer an ebb and flow in the stock. The price just sits there because no trading is going through. Rarely do you ever see short sellers stepping down or temporary large buyers create a short term disequilibrium for you to trade around. I used to pick off short sellers all the time, buying the bottom of the move after they knock a stock down 20 or 30 cents. You just don't see these trades anymore. A 20 cent abberation that can be bought in size just doesn't happen anymore. The stock price is static most of the day. I see stocks that used to have $1.5 daily ranges now trade in 80 cent range, and most of day its a 20 cent range. With the only chance of the stock budgeing a dime in your favor is if futures rip a few points in your direction. If futures are not moveing, i'd say that 95% of the stocks on my screen arn't either. It seems that 95% of the volume is arbing around the spy's. Today i made money by shorting the open and trend following the futures. Futures fell 15 points so i made money. But thats not what "stock" trading is all about. I may as well be trading futures right now. I thought this trading environment was the result of the War. Everyone glued to the futures (is the mkt going up....or is the mkt going down). But now i'm not so sure. The War has faded into the background somewhat and still stock trading is horrendous. I would like to hear other peoples thoughts on this matter. Especially those that day trade NYSE. With every day that passes i fear more and more that some fundamental shift in trading has occured. Lets hope this is not the case. I think over the past few months it became unprofitable to daytrade so people stopped trying. Perhaps Funds that used to shift in and out of sectors daily have stopped this activity, and are just sitting on what they have. As it became disadvantageous to have a high turnover. What are other people doing in this environemnt? For me, if i trade very well i make small, and if i screwup at all i will likely lose big after commissions and slippage.