Wednesday, 23. June 2010
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Who benefited from the "Flash Crash" and who were hurt?…If you believe like me that, it wasn,t an accident…A Guest Broker on CNBC mentioned that it Cleaned Out Momentum Traders….If Momentum Traders were patience, they could,ve bought back their stocks a couple of days ago for less than they were stopped out at?
Tuesday, 13. April 2010
Jean-Claude Juncker, the EU’s ‘Mr Euro’, has given the clearest warning to date that the world authorities may take action to halt the collapse of the dollar and undercut commodity speculation by hedge funds.
Momentum traders have blithely ignored last week’s accord by the G7 powers, which described "sharp fluctuations in major currencies" as a threat to economic and financial stability.
The euro has surged to fresh records this week, touching .5982 against the dollar and £0.8098 against sterling yesterday.
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/04/18/cneuro118.xml
Friday, 9. April 2010
you mean to tell me, enough suckers buy the stock from a newsletter posting to throw the price up?
or is it buyer support..the promoter or pumper buying alot of shares in a short time frame to attract momentum traders?
