"If it looks too good to be true, the rest of the market may know something that you don't. But usually the way we miss opportunities in this business is by saying, 'It looks too good to be true', and then not doing anything. Too often we think that everbody else must know something that we don't, and I think that's a critical mistake. How many times have you heard someone put down an idea you're excited about by saying, 'If it's such a good idea, why isn't everyone doing it?' This is the battle cry of mediocrity." -- Mark Ritchie, Market Wizards
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Doesn't look like NYSE Volume will even be 80%, although Nasdaq may make it.
There have been so many divergences like this lately with some aspect of volume that it probably doesn't much matter.
Is it a reason to be short? I don't think so.
Turning Belkin's trade upside down -- go long stocks/short Treasuries instead of his bearish call to do the opposite-- is the winner for now
Back to update and good luck into the close.
Stephen
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