### Comment:
At what volume would you consider the price action to be legit?

### REPLY:
Depends on the average for a given company. Considering SPY has an average of 90milly and we are barely scraping 10milly, Id call that low volume. Its a 10th of what it normally trades at.  
  
 For SPY specifically, 30 milly+ seems to be legit in my book but thats based on what volume has been this year more than an objective weight.

### END.