This low volume is exactly what the doctor ordered. It's telling you that a great deal of the speculation has been taken out of the market.
More Quotes from Ralph Bloch:
What's going on here is just a relentless flow of bad news, day in and day out. It's like water torture -- every single day, drip, drip, drip.Ralph Bloch
The market's between a rock and a hard place. The jobs data comes out better than expected. I'd always thought that was good for the economy, but the 'fundamentalists' are talking about how that's going to get the Fed to keep raising rates. It's just nuts.
Ralph Bloch
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Now if this electron is displaced from its equilibrium position, a force that is directly proportional to the displacement restores it like a pendulum to its position of rest.Pieter Zeeman
Let them call it mischief: When it is past and prospered t'will be virtue.
Ben Jonson
I am acutely aware that you have not elected me as your President by your ballots, so I ask you to confirm me with your prayers.
Gerald R. Ford