Follow
____________________________
Monthly Archives: August 2011
Not 2008? Hope is not a strategy
One of the tag lines I have seen with increasing frequency from investment types the past few weeks is “this is not 2008.” I can understand this hope. If I was a money manager, or commentator who had been recommending … Continue reading
Feel the market madness at the NYSE close
See CNN: Computers Rule Wall Street
Posted in Main Page
Leave a comment
Former head of the NYSE Grasso on the negative effects of “uneconomic” trading
The markets have become “highly, highly influenced” by program trading, Dick Grasso told CNBC Thursday. Using computers, hundreds of stocks can be traded in fractions of seconds and for far less than the old margin costs. Grasso, former chief executive … Continue reading
;
