"Take any stock in the United States. The average time in which you hold a stock is--it's gone up from 20 seconds to 22 seconds in the last year. Most trades are computerized. Most trades are short-term. The average foreign currency investment lasts--it's up now to 30 seconds, up from 28 seconds last month."
See : http://www.washingtonsblog.com/2011/01/michael-hudson-average-stock-held-for.html.
True ? Not true ? I don't know. But scary it is !
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