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To: Red Badger

I know.... it’s fascinating how the HFT computers all act in short-term concert and perfectly disregard any long-term issues which they are not programmed to foresee. Human traders are acting in much the same fashion, because there’s no long money left and fundamentals are virtually meaningless in this environment, where bankrupt banks and overvalued tech stocks are the dominant issues.


13 posted on 10/25/2010 7:22:22 AM PDT by andy58-in-nh (America does not need to be organized: it needs to be liberated.)
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To: andy58-in-nh

Computerized trading should be illegal.
I saw a show the other night, I forget what cable channel, where they showed that there are these huge super computer trading companies, connected directly, some within a few feet, of the market’s computers. They are programmed to scan the entire stock lists and make trades based on a few milliseconds data, “buy” huge blocks of stock and then “sell” them a few microseconds later at a profit. A human being stands little or no chance of actually “beating” the market to make a profit when it’s lifetime of stock “ownership” is measured in time on the microscopic scale......


15 posted on 10/25/2010 7:34:32 AM PDT by Red Badger (WOULD SOMEBODY PLEASE GIVE MEGHAN MCCAIN A BOX OF KRISPY KREMES SO SHE'LL SHUT THE HELL UP?!)
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