David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
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HIGH VOLATILITY ON RUMORS 0 comments
Markets were moving sharply lower early in the day until a rumor in oil trading pits that Kadaffi was dead caused a sharp reversal. With margins on oil contracts being raised this enhanced the selling after new highs had been made. Also, news the Saudis may make up the slack for lost Libyan production probably contributed to selling....READ MORE
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