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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (89899)	5/8/2012 6:44:29 AM
From: TobagoJack	1 Recommendation Respond to of 219833

Haim, the algo traders are wrecking the already broken market, and as the market goes, so goes capitalism. Very depressing.

To: Haim R. Branisteanu who wrote (89899)	5/9/2012 1:29:25 AM
From: Maurice Winn	1 Recommendation Respond to of 219833

"We" might not know. <Two years after the frightening spring day when the Dow Jones Industrial Average lost and regained about 600 points in a matter of minutes, we still don’t really know why. This is a problem, because it means something similar -- or worse -- could happen again. > But I do and have explained the details. Not only was it not a problem, it was a solution - it enforced more sensible pricing and provides liquidity and cuts the spread. Also, because it was not an accident, but sensible buying and selling [by the winning algorithms and those who caught the situation], it will happen again and has done many many times though less spectacularly so far. The authorities of course jumped in to the fray and made things worse, as they usually do, in their attempt to fix things. The canceled trades and have set limits. That's the opposite of what they should do. Robbing people of their legitimate trades was worse than the honest dealing done by the algorithms which simply offer to buy and sell and accept offers which meet their terms. Mqurice