I first posted this on August 2 and now I’ve added more on the High Frequency Trading Programs at the end of this post.
We are heading for recovery
Canada’s recovery in sight, report says
No wait, we are not
Canada’s economy contracts sharply in May
and there is a Record number on unemployment
And it looks like Alberta’s recovery may be slower, expert warns
But the US is heading for recovery
U.S. economy stabilizing, Fed says
Recession winding down in U.S.
No wait it isn’t quite yet
Flaherty sees signs of hope but says crisis yet not over
But it isn’t so bad
Why a Recovery May Still Feel Like a Recession
So the bozos that couldn’t forecast the financial crisis are going to forecast now when it will end?!
And here is something that is really worrying. Now the traders are profiting by executing the trading in milliseconds with high speed computers.
In other words
And this kind of nonsense now comprises 70% OF ALL MARKET TRANSACTIONS. Put another way, the market is now no longer moving based on REAL orders, it’s moving based on a bunch of High Frequency Trading Programs gaming each other and REAL orders to earn fractions of a penny.
This from an article on Five Reasons the Market Could Crash This Fall via Dvorak.
Recent Comments