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MARKET COMMENT July 30, 2008 Today and whatever positive days we’ve had recently is all about “saving” Wall Street firms.

Source: http://etfdigest.com/daveDaily.php?id=640
Posted on Wednesday, July 30th, 2008 | In Current Market News, Exchange Traded Funds, Market Commentary
Contributed by: David Fry (http://etfdigest.com) -

MARKET COMMENT July 30, 2008 Today and whatever positive days we’ve had recently is all about “saving” Wall Street firms. And, trading desks are happy for the extra dough to trade with; so much so, they’re bidding previously sick financial stocks higher using your money naturally. It’s good to be in Da Boyz club since you have access to basically free money whenever you screw up or just want some. Here’s what they’ve done.

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About David Fry (http://etfdigest.com)
Dave Fry has devoted over 35 years to the business of trading and portfolio management. His registration as an arbitrator with both the National Association of Securities Dealers (NASD) and the National Futures Association (NFA) attests to his extensive experience and spotless compliance record.

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 advice on ETF investing.

Dave is a frequent commentator on ETFs and other issues important to individual investors, and his perspectives are featured in financial news sources such as the Wall Street Journal, MarketWatch, Investor’s Business Daily, Smart Money, Dow Jones Newswire, National Business Review, MSN Money, Yahoo! Finance, Bankrate.com, Emerging Markets Monitor, IndexUniverse.com, and ETF Investor.

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