Thomas Wagner

ETF Billion Dollar Club Gets Smaller: May 2009

I suspect that the FED's plunge protection team is also keenly aware of the above. Take a look at the IYR/SRS and SKF on a day like today with the market down 140pts and interest rates rising on the long curve neither SRS or SKF are showing any upside movement. Now who do you think may be in buying today to support these?????. I think uncle ben and company have fiqured out they can short circute the shorts by taking the opposite side of there leverage trading vehicles