"Volume is validity” means that a high volume indicates (or validates) if people are bullish or bearish on a stock—they buy it or sell it in droves. The saying “volume is validity” has been cited in print since at least 2007 and has been popularized by Art Cashin on CNBC.
Volume is validity. If enough people believe in something, it moves. (Art Cashin on CNBC)
The Keystone Speculator
Wall Street Witty Quotes
“Volume is validity.” Wall Street adage
CNBC—Art Cashin on the Markets
Art Cashin is the Director of Floor Operations for UBS Financial Services and a regular markets commentator on CNBC. Each trading day from the floor of the New York Stock Exchange, he shares his analysis and pulse of the market with CNBC viewers.
Posted 10/29/2007 11:04:35 AM by qback
VOLUME = VALIDITY
Art Cashin: Markets Following the ‘17.6-Year Cycle’
Published: Wednesday, 23 Dec 2009 | 1:47 PM ET
Art Cashin, director of floor operations at UBS Financial Services, offered CNBC his insights.
“My theory is ‘volume is validity.’ It almost looks like the momentum players are trying to push us through the resistance on very light days.”
Volume is Validity
December 23rd, 2009 | Category: Analyze Market Conditions, Weekly Podcast
Current market conditions, the importance of volume. Typical holiday trading.
By Carl Anderson
Selling Intensifies! down more than 8%
24-Mar-10 10:17 am
Selling in large volumes. Down by more than 8% Likely worse tomorrow.
“Volume is validity”
Bob Thomas “Volume is validity.” … http://amzn.to/m2Ocsz
18 Oct via web (2011—ed.)
New York City • Banking/Finance/Insurance • (0) Comments • Thursday, January 26, 2012 • Permalink