Stock Market

[wa8mea]

Has anyone got this market figured out yet? How can it be down over 450, at 350 most of the day and then close around 270??

I give up.

[WØTKX]

Casino Royale.

[PA5COR]

That is what you get when programs run the casino game...

[KC2KFC]

Groupthink.

[WØTKX]

Beware the animal spirits. ~ J.M. Keynes.

[KC2UGV]

That is what you get when programs run the casino game...

This.

Most transactions are high-frequency trading software, and not people. We're talking hundreds, of thousands of transactions per second, from each instance of the software.

[N8YX]

Most transactions are high-frequency trading software, and not people. We're talking hundreds, of thousands of transactions per second, from each instance of the software.

No. It's fucking MAGNETS.

[KJ3N]

No. It's fucking MAGNETS.

It's FM? Who gnu?

[KC2KFC]

Beware the animal spirits. ~ J.M. Keynes.
You have hit the nail squarely on the head.

[KC2UGV]

No. It's fucking MAGNETS.

I initially read this as "maggots", lol

[WØTKX]

http://im.ft-static.com/content/images/5b46948a-0c0d-11de-b87d-0000779fd2ac.img

[NA4BH]

Has anyone got this market figured out yet? How can it be down over 450, at 350 most of the day and then close around 270??

I give up.


Some days you drop the soap in the shower, other days the soap drops you. Hold your breath and shoot for the long, usually it works itself out.

[XE1/N5AL]

14467

[KG4NEL]

I haven't looked at my IRA in six months. Judging by this thread, I'll keep that up.