The average daily volume is about 3M but it has been traded 6M per day. So volume has doubled. But all things said, it won't be like CSCO or INTC.
<b>James</b> <b>ACAS:</b> I never play a stock before earnings as a rule. I also don't like this stock being distant from its 6 month high.
So far at 1:00PM the volume is a little bit over 2M and it is green in this red market. I agree that volume is not that impressive but go to yahoo finance and check out its last months daily volume and see how it looks so far.
Check out ADI price action atoday and tell me you don't like it. Someone is slowly accumulating in this down day. This usually comes with a surprise surge in volume that takes the price another $1 up.
I am having internet trouble, thus wasn't able to post. I am still <b>BULLISH</b>, we might have a few bumps along the way.... I will have a post later tonight or early tomorrow..
<b>Market View - 25.Feb.2010</b> NYSE Percent of stocks above the 50 Day MA: <b>53%</b> Buy Aggressively <b>Buy Cautiously</b> Hold Sell Cautiously Sell Aggressively (the highlighted option is my current sentiment) <b>Stocks I like from yesterday's Action:</b> <ul> <li>MMR <li>HT </ul> I will be looking for buying strength in the stocks above to enter. Good Luck!