What a day today, the broker dealers forced some "retail shorts" to cover this AM, but after that it was all down hill as they took any gains back on thier own shorting. The alternation algorithm was working all day and particularly at the end when those that had been down went up, and those that were up for more than 2.5 weeks went down or were capped to a consolidation zone.
Alternation is cap and control; because the bottom line is always the target. Keep the customers $ value near a constant range. Organic portfolios like the SIP are perhaps more succeptible to these shifts, but they are clear as day to someone who collects data on a limited universe of stocks.
When the alternation algorithm begins all news is faded. It never matters, good or bad. There are no accidents in this trade. Goals as outcomes are expressed in the management of price, if something is breaking out, something else will be victimized, not even volume matters, we see it everyday.
Short interest grew in the latest month as expected, while the accumulated moving average of volume fell across the wide base of SIP securities, kept in portfolios such as MM1 MM2 and what I call development. Some say the market is a random walk, I say....its 100% discretionary with the bottom line of the gross portfolio, always the target. Price is the artifact...the broker dealer complex is working full time on behalf of hedge funds to the extent that they manage the potential liability, through price by disconnecting supply and demand.The broker dealers are running two ledgers....not one.
Don't believe it?
See with better eyes, that is the bottom line.
As investors we see the trees, the same trees, everyday, while traders moving from place to place on the instruction of some control unit, impressions cant be formed, and accurate assessments of the various trees characteristics are not known. |
