Bullish on the Platinum and Canadian Dollar ETFs
Wednesday, May 12th, 2010
Gary Gordon submits:
Far too often, writers get wrapped up in the machinations of stock market participation. Did evil computers conspire to drag equities in the Dow down 1000 points? Or was it the “fat finger” on Procter & Gamble (PG) shares?
Ignored in the stock juggernaut was the reality that intra-day price volatility had been increasing for weeks, key trendlines had been breaking down, and the CBOE Volatility Index (VIX) had closed above its 50-Day MA back in April. I had been explaining these changes to Pacific Park asset management clients and ETF Risk Alert readers in the weeks leading up to the “mini-crash.”
