Wednesday, May 26, 2010

Machines Run Wall Street Trading

Examining recent volatile charts on Dow Jones and one gets the impression that only nano- second trading machines could leave such foot prints. From down 300 points yesterday to up 100 today without any improvement in fundamental facts that are eating away at the economic base of global business. I.E. the continuing meltdown in financial instruments and institutions. It's safe to say that more and more people who are engaged in the market are not sure what they own or what they are short- trading's the thing. Rather it's their machines trading that's the thing. It's really not trading but a video intimidation stock trading game that's aided by massive amounts of liquidity untethered to real economic events until they are. And then look out.

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