MARKET COMMENT August 27, 2008 I was day-trading a quiet NASDAQ market today when suddenly the market spiked sharply higher a little after noon.
Source: http://etfdigest.com/daveDaily.php?id=659Posted on Wednesday, August 27th, 2008 | In Exchange Traded Funds
Contributed by: David Fry (http://etfdigest.com) -
MARKET COMMENT August 27, 2008 I was day-trading a quiet NASDAQ market today when suddenly the market spiked sharply higher a little after noon. What happened? I looked around at various sites for clues and the only comment was from Briefing.com: “…there doesn’t appear to be any catalyst for the gains.
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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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