Why I am taking the other side of the trade that crushed the market Friday
Summary
A significant trading move caused heavy market losses on Friday, raising questions regarding the speed of the drop and the missing purchasing interest. The author explores why the sharp sell-off occurred so rapidly and explains the reasoning behind choosing a contrary position against that specific transaction.
How did this happen so quickly? Where were the buyers? I have some answers.
Source: Read the full story at US Top News and Analysis
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