For the past few days the market has been in a steadily declining mode. What’s going on? It began when the Fed announced that at some point it is going to reverse it’s QE three program. That’s not news; everybody knows that at some point it will end. Also, there are few people who think that the QE three program is effective; therefore, what’s the problem with ending it? There are a variety of forces at work here. The flash traders need activity in order to make their programs work. The...
Published on June 24, 2013 11:07