Here are my lines for today:
JI
jimkane
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Originally posted by jimkane
...I think it will only stop when the bubble bursts, and no sooner. In other words, in my humble opinion, it will be full bull until the apocalypse, with a transition period of about five nanoseconds.
So that's what five nanoseconds looks like :-)
RO
roofer
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just came in from garden... saw i gave them my commision... then i saw you all had a great time!
RO
roofer
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now they're cancelling trades!!!!!..... remember what i said about the computers a while back...they make their money every day by moving price.... but only so far and in an organized manner.... take price outside of their parameters... they have no guideposts and chaos occurs...though the april 12th warning was off,many stocks did top in that time frame, and the results that were expected are now occuring.... to complete the forcast.. the year is expected to be a down year, with the best buying opprtunity to occur in early october.....
RO
roofer
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re markets....at this time i have what i need... if i was never in the markets again, my life would not change.in the last year, five of my friends have died from cancer... and now my best friend of 30 years has been diagnosed stage 4 pancreatic cancer...as jimi said'' if i'm gonna die, let me die my own way...'' i think i will go out with my roofing buddies for a while.
JI
jimkane
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I was just going to post that, roofer, when I saw your post. I knew they'd do that, say it was an error, and change the rules after the fact. This ensures confidence, and tells people there really was no big drop.
Now, let's say I got short, and covered somewhere near the low. I've booked a huge profit. Now I find out they busted my trade to cover, and best case scenario I'm still short, and maybe break even. But if it is in a stock, and not the ES (which will have to be busted also), maybe I can't cover until tomorrow morning, after the gun it up all night? That's great.
Now, let's say I got short, and covered somewhere near the low. I've booked a huge profit. Now I find out they busted my trade to cover, and best case scenario I'm still short, and maybe break even. But if it is in a stock, and not the ES (which will have to be busted also), maybe I can't cover until tomorrow morning, after the gun it up all night? That's great.
JI
jimkane
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Futures now up 16.50 off the GLOBEX low, and looking strong. Looks like they will be ramped a lot more from here. I guess being 74 points off the earlier low isn't enough for them. Back to the MRRD grinding up on no volume again, until the next carry trade unwind hits. For those that still think the TV version of fat finger error trade was the cause, look at this:
http://www.zerohedge.com/article/yen-did-it
I did stacked charts with crosshairs on them, and the yen move started well before the ES implosion, and thirty-six minutes before PG started to implode. This was a carry trade unwind that triggered all the algos gone wild issue. The system is broken, but they have to make up their lies, as always, to cover up the truth, or they'll force them to stop doing the 'GS makes $100 million a day' type trading.
http://www.zerohedge.com/article/yen-did-it
I did stacked charts with crosshairs on them, and the yen move started well before the ES implosion, and thirty-six minutes before PG started to implode. This was a carry trade unwind that triggered all the algos gone wild issue. The system is broken, but they have to make up their lies, as always, to cover up the truth, or they'll force them to stop doing the 'GS makes $100 million a day' type trading.
JI
jimkane
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Take a look at that yen chart now if you don't think a carry unwind started this...
