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

To: Maurice Winn who wrote (105551)	4/14/2014 5:29:56 PM
From: John Pitera	Read Replies (2) \| Respond to of 217802

IF Hi Frequency Trading is causing flash crash.... then it needs to be prohibited. I have no problem with the concept of it showing overleveraged traders. But have prices flash super low for a moment to catch all the stop losses is unacceptable. We have a hundred years of the concept of risk control being assisted with stop loss orders. I have heard people like Crammer comment well you can no longer uses stop losses. That is contrary to risk control espoused by half the people in the Market Wizards book.... Edwards and Magee... and thousands of skilled professionals. HFT, the insane Central Banking practices that have evolved and the huge debt mania ... may well be able to collapse the Capitalist system at the rate we are going. John

To: Maurice Winn who wrote (105551)	5/3/2014 6:20:47 PM
From: GPS Info	Read Replies (1) \| Respond to of 217802

Mq: I did not claim that: <me: Yes, but this does not support your assertion that flash crashes and longer term crashes are the same. > C2 highlighted your quote in his post: HFT Flash Crashes are special opportunities which are had to catch when they are short. But sometimes they are deep and wide as in 2008 when there were lovely profits to be made, and I did. Message 29479397 So, does the “they” in “they are deep and wide” refer to the flash crashes or the special opportunities? It’s not clear from the sentence. However, in another post you say: “You might not think of the 1998 one as a flash crash, but the financial relativity theory mechanisms are the same as the quick little ones. In the 1998 flash crash, the margin calls were spread across millions of people and measured in the $trillions. It was the biggest ever flash crash. siliconinvestor.com Mq:Yes, I'm saying you only read about the CAUSE of flash crashes from me. The correct cause. In that case, you’re delusional.<g> I starting thinking more about this possibility after this gem: <Horgad: If you seriously think that you will get your wishes of not having any messes and having delicious potable water while leaving the corporations to police themselves, you are delusional. > Mq: If you seriously think that I think that, then you are delusional. There is no one else on this board that gets anywhere near as delusional as you seem to be at times. I want to assume that you’re just having some fun, but I’m unsure.