Below is an email I received from Morningstar. So, let's see. The stock market has climbed back to its 2007 highs last week and yet investors, retail investors, continue to yank money out of stock funds. Amazing...

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ETF liquidity, electronic trading and rogue algorithms all came under renewed scrutiny in the wake of the Knight Capital debacle. But the pundits got it wrong: The ETF market is liquid and sound.

Last Wednesday, market maker Knight Capital (ticker: KCG) experienced a major computer glitch in its trading software, sending numerous erroneous orders of NYSE-listed stocks into the market and causing a $440 million loss for the firm. But th...

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