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MARKET COMMENT
Dave Fry’s ETF Digest, August 21, 2009
I had my little rant yesterday regarding the CFTC wrecking crew and there will be more to say—much more—over the next few months. But, today was options expiration…again…and options strike prices were being hunted down like a shark smelling blood.
But, hey, we’re basically long so let’s enjoy it while it lasts. It will last won’t it?
Home sales data was “better than expected” and Bernanke made a semi-bullish speech regarding future economic growth.
Read all of Dave’s Market Comment here.