As this Zero Hedge post shows, there were big winners in the market yesterday. They were the people that got ahead of the trade. They sold at the top, sold it down, bought at the bottom and on the way up. This while all the small investors were at work, some desperately trying to log into their brokerage account or having their stop loss orders triggered or whatever. Big fees were make yesterday. Big spreads on bid/ask. Big money. Me? I lost money.
May 7, 2010