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Brokers Warn Against Speculation Welcome Yet Misdirected
AP analysis notes broker warnings on speculation are welcome but may misdirect the small investor. Professionals drive most trades, with institutions and big blocks dominating NYSE and AMEX activity. The piece cites rising large-block volume, hedge funds, and a looming government study on institutional impact as volatility continues.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Wall Street
American Stock Exchange
New York Exchange
Stanley West
C.L.T. Financial