So what's a fool to do ?
October 10, 2012
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The market is rigged ?
CEO to Workers: You'll Likely Be Fired If Obama Is Re-elected http://www.cnbc.com/id/49356069//
A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.
http://www.cnbc.com/id/49333454/Mysterious_Algorithm_Was_4_of_Trading_Activity_Last_Week
Banks are paying zero percent interest !
Bond rates are low thanks to poweful tinkering.
http://www.youtube.com/watch?v=xt0Zqo-vOFM
Winter is coming !!!!!!!!!! as they say on Game of Thrones.
“My guess is that the algo was testing the market, as high-frequency frequently does,” says Jon Najarian, co-founder of TradeMonster.com. “As soon as they add bandwidth, the HFT crowd sees how quickly they can top out to create latency.” (Read More: Unclear What Caused Kraft Spike: Nanex Founder.)
Translation: The ultimate goal of many of these programs is to gum up the system so it slows down the quote feed to others and allows the computer traders (with their co-located servers at the exchanges) to gain a money-making arbitrage opportunity.
Some would say don't play their games ?
Anyone up for another game ?
Maybe a spelling contest.
http://www.youtube.com/watch?v=au2YcZPnmMY
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