Geoffrey Lordi

Big Week for ETFs

I hardly think that this is *proof* that "all volume" is caused by program traders...Such blanket statements oversimplify the markets, I believe. And, specifically, there's nothing wrong with investing for a week, a month, or a year. The old belief that "investing" only involved timeframes from, say, five years and up is as arbitrary as saying that no one in GE, for example, for a year is a *true* investor...