RE:RE:RE:Outsmarting these crooksWhile I agree that the naked shorts are a big problem, I don't agree that it is all driven by folks on Bay Street. If you look at the volume of trading on any day when the US markets are closed, you will see the volume is way down. Yesterday, when the Canadian market was closed, there was still a very high volume traded.
I think that this is mainly driven by traders from the US who are doing so on the TSX when it is open, but flip to the US market when the Canadian markets are closed. If I am correct, then the volume on Monday will not be very high because all of the manipulators located in the US will be on vacation.
I have noticed this many times when a US holiday does not overlap with a Canadian holiday.
Has anyone else ever noticed that? Btw, I am long and have been so for many years (for both the ups and downs).