Will the Real IWM Axe Please Stand Up?

May.19.09 | About: iShares Russell (IWM)

The IWM unwind is getting more and more desperate, and as the IOIA chart below demonstrates, some brokers seem to be nicely axed with a solid inventory in the name: note the indicating broker and the constant barrage of trades (times are PST). One wouldn't really call it domination, but if the word fits. Readers who wish to catch up on the Indications Of Interest (IOIA) Bloomberg function and its implications, please click here...

(Click to enlarge charts.)