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Dave Fry's Market Comments For June 29
Posted on June 29, 2009 at 20:36 PM EDT
MARKET COMMENT June 29, 2009 I thought this deliberate end-of-month/quarter shenanigans were against the rules right? Oh, they don’t enforce this type of activity—never have, never will. Anyway, with volume ultra-light, or absent bullish news for that matter, propping markets can be done with ease since it takes just a little paint to push things in the desired direction. Breadth was positive but volume was beneath significant. [More...]
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