We are all traders now!
“ETF’s are a great innovation, but an over-population of any innovation could cause unintended consequences if left unmonitored. We have seen this in many market cycles, from dot-com to the credit crisis … This time won’t be different.”
–Troy Draizen, head of electronic trading at Convergex Execution Solutions
In Wednesday’s opening missive, “The Bull Won’t Die Easily,” I gave a lengthy explanation why, even though the market’s complexion is clearly changing, I am not short and why I am maintaining a market-neutral position. (The day before, in “Feeling…

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