I'll start the week out. Here's an interesting article on one of the key high fliers that I follow.
http://www.zerohedge.com/news/2013-09-28/great-tesla-rotation-institutions-retail-bag-holders
RA
rat89
Rep: 0
Posts: 7,015
yup
Originally posted by jimkane
Now watch this little bullish ABCD at the KZ. Clue time.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'll post this, but see very, very little chance it will happen. My best case scenario is 58-59 area. Please, please, please...
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, that has to be a rumor. Okay, here's some news on Bloomberg. Shots are fired outside the Capital, it's locked down. Everyone ordered to take shelter. Yes, that's a good reason for the bots to initiate buy programs. Stoooooooooo-pid.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, here's my theory. They have goob-er-mint bots that are programmed to buy on bad news. This way, hedge funds and others that would normally sell bad news learn very quickly that that's not a good idea. If they didn't have these bots the market would take possibly intense selling pressure, and with the system totally broken it could easily flash crash with any sellers at all. That's my theory. How else can one explain every time there is bad news the market instantly explodes up the second the news hits?
JI
jimkane
Rep: 3,058
Posts: 33,089
Now I hear that it wasn't actually at the Capital building, but in a nearby 'rough neighborhood'. So, some issue came up in a totally routine manner, and the news makes a big deal of it, the entire Capital building gets locked down, the bots are buying, what a joke.