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Tue 30 Nov, 2010 06:41 pm
Quote:Richard X. Bove, an analyst at Punk Ziegel & Company, noted the trend in a recent note to investors and suggested that the reason was strong buying from portfolios that use computer models to buy and sell quickly, a practice known as program trading, or a foreign source like the investment arm of the Chinese government./quote]
Please analyze the grammar of the underlined part, and what does the analyst want to tell people to do exactly.
@fansy,
It is just a notice informing investors that computer trading was the trend and the reason for bigger fluctuations.