With the S&P pretty much flat I find it so interesting that the SPI sold off all day today, the figures being inline adds to the mystery, it was ferocious move down especially on the close.
As I sat staring and my screens wondering why we fell over 1.5% with no news or TA predicting this, lo and behold what is announced after market at 6:15pm, downgrade of Spain, call me cynical but the big players know whats going on way ahead of all of us, I wish there was a way of finding out who was responsible for a majority of the volume today and then trace back from there... I wonder how much Moodys is paid for this info... lol obviously Im a bit bitter, a very red day for me!!
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