Thank you for noticing that. I am tired of hearing "The volume is not there, I want to see more volume to the upside!" Go back and look over the last few years, and you notice that positive volume is usually around 5 billion shares on the S&P500, and spikes higher than the recent average are more often than not negative days. Steady volume means lower VIX readings, and stable price changes. I will philosophize that volume is not diminishing, but is stabilizing when it is not over 5.5 billion (S&P500.) JCS
Once as tragedy, once as farce. This is the farce. If your time horizon is Graham & Dodd, which was two years, be long or be wrong. Shorter than that, it's a coin toss. Waiting for the churn will just make you lose whatever progress gets made between now and the churn. Might even make you miss the whole damn thing. I post this for the folks who might have wandered into this place expecting informed comment from folks with at least one working neuron. Get out, go someplace else. This ain't it.
This turned out to be a good strategy thus far. Let's see if the volume holds, otherwise HAL9000 and Liberty 33 will save the market (again).