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Technology Stocks : Nokia (NOK) -- Ignore unavailable to you. Want to Upgrade?

To: sylvester80 who wrote (31100)	8/4/2012 8:55:59 PM
From: sense	1 Recommendation Read Replies (2) \| Respond to of 34857

That post isn't even self consistent... " The trading range on US markets that day (including pre-market) was 2.3 to 2.72 and both of these levels were reached on the rumor of a Lenovo buyout (the high) and then the denial by Lenovo on the low. The Lenovo news and the price range was established during European trading before U.S. markets opened. " So, according to you, the U.S. trading price ranges were established... before the U.S. markets opened ? LOL!! What the chart actually shows is the high occurred at 09:45 EST in the middle of the KCG debacle, and low occurred at 14:50 EST, about an hour before the close. My charting shows the regular session NYSE trading, not the trading in Europe... not the pre-market... The link: nanex.net also disproves your statement that "So the Knight glitch was a non-event as far as Nokia"... First, it shows that in a snapshot taken at 09:59:45 NOK was #1 on the list of affected stocks, and Knight had traded 23,204,514 shares on 239,439 trades...??? That means that the average block that traded during that period was LESS THAN 100 shares ? That fact, in itself, appears to require some explanation... After 10:03 on a three minute chart... volume dropped back to basically nothing... consistent with the patterns in the 5 day period for the week... with 61.79 million traded in the first 30 minutes, and 30 million in the next 30 minutes... that appears to mean that the debacle and its aftermath actually lasted until 10:03... and we will also have to explain the patterns in the counter trades in the highest volume trade impacted by the "glitch" as well as those that are accounted for by KCG's own trading... It appears Knight's "glitch" may have unintentionally revealed others PURPOSEFUL manipulation of trading in the NOK stock that day ? I think that's probably why no one is talking about the elephant in the room... We know Knight computers were screwed up... but, what accounts for the patterns apparent in the counter trade ?