Traps Galore

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Bankwalker posted a pretty insightful comment yesterday, which summarized the morbid game that’s currently being played in equities: “ Some people with very deep pockets used the very high leverage of index futures contracts during overnight hours when stocks weren’t trading to push down the market by manufacturing a false crisis based on an insignificant non-newsworthy event so they could buy cheaper from weak people that had unwarranted fear. ” Well said and I couldn’t have put it any better.

Source: Traps Galore

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