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Technology Stocks : The *NEW* Frank Coluccio Technology Forum -- Ignore unavailable to you. Want to Upgrade?

To: axial who wrote (30208)	6/15/2009 9:43:12 AM
From: Frank A. Coluccio	Read Replies (2) \| Respond to of 46821

Some intriguing, and some mostly-reinforcing, perspectives Jim. Thanks. I particularly liked this one liner early in your post: C'mon now - it may be beyond economists, but it's not beyond ordinary people. There's lots to muse about there. Well said. ------

To: axial who wrote (30208)	6/16/2009 3:17:25 PM
From: Sailtrader	Respond to of 46821

An absolutely outstanding post re financial mess -- thanks! I could not agree more. (From a long time lurker, one of those guys Frank hired the Sopranos for.)

To: axial who wrote (30208)	7/11/2009 3:20:40 AM
From: axial	Read Replies (3) \| Respond to of 46821

Financial systemic risk, continued: "Gives new meaning to the term “mutually assured destruction?” Why Institutional Investors Should Be Concerned About High Frequency Traders themistrading.com --- "Many HFTs are hedge funds that enter their orders into the market through a “sponsored access” arrangement with a broker. Many of these arrangements do not have any pre-trade risk controls since these clients demand the fastest speed. Due to the fully electronic nature of the equity markets today, one keypunch error could wreak havoc. Nothing would be able to stop a market destroying order once the button was pressed." ...the so-called "Fat Finger" mistake. Jim