Posted 1/26/2010 10:03 (#1042149 - in reply to #1042110) Subject: Re: True state of the banking system
"The days of the stock market moving up and down by the sum total of many smaller trades on Main st in response to actual news or market conditions seems to be long gone."
I'm not sure that day was ever really here. There have always been large volume traders that could move the market. Individual investors, like individual hedging their own grain, are mostly just along for the ride.
True state of the banking system
