MORNING MARKET COMMENTARYfor Monday, June 23, 2008Major Averages Fall Hard on Higher Volume Institutional Selling Pressure - Kenneth J. Gruneisen, CANSLIM Certified, Registered Principal, Source Capital Group, Inc. (Members NASD, SIPC)The major US averages plunged on heavy volume to fresh multi-month lows as selling intensified. Volume totals on both the Nasdaq exchange and the NYSE were noticeably higher than the prior session’s levels, largely due to quadruple witching which is the simultaneous expiration of op[...]
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[Source: The Money Blogs]
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