John Pitera's Market Laboratory Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : John Pitera's Market Laboratory

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: cmg who wrote (14062)	4/28/2013 1:22:57 AM
From: Yorikke	3 Recommendations Read Replies (1) of 33421

In a recent public radio discussion over the flash crash that occurred after the hacked news feed, the announcer and the 'expert' concluded that no damage was done to the public, as the stock values returned to their original states within seconds. There was no mention that there are 'machine traders' that now read the news streams, and there seemed to be absolutely no understanding of the concept of stops, the triggering of stops, and the huge amount of money that may have been made by just washing people out of their trades. It was disgusting to listen to 'experts' on a national news show be so ignorant of even the simplest of market concepts. Perhaps they are just voices, not real people, and just another aspect of the machines. That makes more sense to me than stupid ignorant people glibly defending the status quo because they are too lazy to do even minimal research..... When any flush comes most people will be watching it on TV with with chicken hanging from their mouths..... youtube.com don't have to change many words....

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next