MARKET COMMENT August 21, 2008 FNM, FRE, LEH & Putin is not a new securities firm but just the elements in a cloud that continues to hang over markets.
Source: http://etfdigest.com/daveDaily.php?id=656Posted on Thursday, August 21st, 2008 | In Exchange Traded Funds
Contributed by: David Fry (http://etfdigest.com) -
MARKET COMMENT August 21, 2008 FNM, FRE, LEH & Putin is not a new securities firm but just the elements in a cloud that continues to hang over markets. Let’s face it, we’re just moving back and forth here. One week bulls seize the tape with declining commodity prices and a strengthening dollar then the next bears emerge and reverse everything. This is either trading range action on lighter summer volume or the start of a new down-leg in a bear market.
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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. |



