Trader Not Impressed With Buying due to Low Volume




TheStreet TV show

Summary: Stocks are trading higher but trader Ben Willis of Albert Fried is not impressed. He points to the low volume as evidence of the lack of real participation. He thinks there are still more sellers, but that they are just not engaged today. This rising volatility though, is great for traders. It makes long term investors nervous, but gives traders an opportunity to make money. Willis believes the correction is still in progress and more selling is to come.