Comment Dragonriders, stand to honors! (Score 5, Insightful) 181
She has passed for all time between; we accord her a dragon tribute. May she always sing the black, and cut well.
She has passed for all time between; we accord her a dragon tribute. May she always sing the black, and cut well.
So it looked fine to me, although apparently there were a bunch of problems elsewhere. Ah well, that's why they call it a "test"...
Trading is all about the banks taking out the stops.
And the HFT algorithms, in order to do so, deliberately manipulate the prices of shares, by stuffing the channels with quotes for bids and offers that the algorithms have no intention of executing.
Under long-standing law, any pattern of orders intended to manipulate the price of a security, as opposed to actually buy it or sell it, is illegal.
Where are the damn COPS? Where are the indictments, and the handcuffs, and the perp walks? Why aren't there bankster fraudsters currently doing time in federal PMITA prison for this?
Of course, you know the answer. The regulators have been co-opted. The government is looking the other way. And the "little guy" gets screwed. Again.
For more information, you'll want to look at Nanex.net's "Flash Crash Analysis" page.
And this comes at the same time as The Fed and Chairsatan The Ben Bernank have pretty much destroyed all "safe" investments through manipulation of interest rates, forcing people to turn to the stock market if they want any hope of any kind of significant return on their money...and where they can be fleeced by the HFT algorithms and the bankster fraudsters. Not to mention destroying the purchasing power of those dollars via "quantitative easing" (read: money printing) games.
Probably a good time to invest in precious metals. No, not gold, silver, and platinum. I'm talking steel, lead, and brass...in appropriate forms, of course.
Good luck, Rob, and one more piece of wisdom: Life moves pretty fast. If you don't stop and look around every once in awhile, you could miss it. (The words are not mine, as I'm sure you recognize...that doesn't make them any less true.)
Regards,
Eric J. Bowersox - "Erbo"
Professional Java Developer and Geek among Millions
http://about.me/erbo
Wow, you solved a puzzle aimed at 12 year olds. Would you like some cake?
I understand that this offer may not be entirely the truth.
What this country needs is a good five cent microcomputer.