Here is the PBS special that ran on this topic Monday:Hey and imagine if more QE doesn't come as now widely expected in November? Is 'QE2' a done deal?
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Here is the PBS special that ran on this topic Monday:Hey and imagine if more QE doesn't come as now widely expected in November? Is 'QE2' a done deal?
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Is it just me or does the S&P 500 always go up during the last hour of trading each day? I think my new strategy will be to buy every day at 3 PM and sell at the close. How's that for a disciplined strategy.
Gold
http://market-ticker.org/akcs-www?post=169272
90 % of HF trades are cancelled…interesting. Here's what I think. You buy a stock, then flood the market with buy orders, and the exchange servers try to match orders and raise the ask price. You then sell the stock you've bought and cancel the buy orders before they're executed. You've got your pennies, now repeat until you have billions of pennies.
It's not rocket science its just good old stock running.
If buyers of a stock drive up the price that's fine, but if you fool buyers to raise the ask price then that's market manipulation and a crime. The real problem is ORDER CANCELLATION. Stop that and this problem is solved.
In my previous post I guessed. Here are the facts. Search for “High-frequency trades earn $2.3m fine
By Jean Eaglesham in New York” on Financial Times (They ask not to copy article.)
They've fried a few small fish, but the big sharks are still eating!