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Strategies & Market Trends : Free Float Trading/ Portfolio Development/ Index Stategies

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To: dvdw© who wrote (3722)8/6/2012 10:03:40 AM
From: dvdw© of 3821
 
This Outtake from Da Chiefs contribution, captures the connection, and is welcome here. Bandwidth is so refreshing when you find it.

Some traders are shaking their heads. “We are extremely worried,” said Joe Saluzzi, co-head of equity trading at Chatham, NJ-based Themis Trading, an institutional agency brokerage for mutual and hedge funds. “When people are trading 300 million shares in Bank of America, just flipping it back and forth for a rebate, that’s garbage volume. That doesn’t do anything for anybody. And yet, day after day, BofA is No. 1 in volume of shares traded.”

Read more: http://www.nypost.com/p/news/business/why_market_rally_is_just_an_illusion_xFBSy2T5WXUKU1FOfrXDjK#ixzz22m4z1xTQ
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