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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 681.86-0.7%4:00 PM EST

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To: Real Man who wrote (3649)5/7/2010 11:06:01 AM
From: ggersh1 Recommendation  Read Replies (1) of 220939
 
"We'll keep crashing? Gulp! Is this it? SHTF many were expecting?"

Yesterday, conclusively told everyone with any real
knowledge of the market that HFT took over and was
the only reason for the rally. If it wasn't a crash
it was definitely a wake up call to WS that the
market is no longer about price discovery, which
in turn makes the market irrelevant. The S has HTF,
what we have now is "Da Nile"

The only positive thing that might have happened
today was Germany telling Greece to GFY. No what
happened instead was the G-7 getting lectured by
Timmy to exercise the Nuclear option.

We are screwed!
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