Wednesday, August 01, 2007
Quick Alert: Fuck the NYSE and their Robots
What's with all this "herky jerky" trading activity? I understand volatility, but this is ridiculous. One minute the DOW is up 25, 2 seconds later-- it's down 15.
Without a doubt, this is high octane investing. You know, the type of tape that will bankrupt you, inside of a short week.
No one knows where the wheel of misfortune will stop next. After thinking things through, it makes sense to sit this fucker out--if possible.
While it's true, we are in an extreme oversold position, there is no guarantee we can get these mortgage fuckers off the headlines.
Try to resist the urge to make up all your losses in one day, like some sort of OTB jerk off. Instead, take measured bets with appropriate hedges. Someday soon, we will get a big 200+ day. Until then, stay in the game.
Without a doubt, this is high octane investing. You know, the type of tape that will bankrupt you, inside of a short week.
No one knows where the wheel of misfortune will stop next. After thinking things through, it makes sense to sit this fucker out--if possible.
While it's true, we are in an extreme oversold position, there is no guarantee we can get these mortgage fuckers off the headlines.
Try to resist the urge to make up all your losses in one day, like some sort of OTB jerk off. Instead, take measured bets with appropriate hedges. Someday soon, we will get a big 200+ day. Until then, stay in the game.
Comments:
<< Home
>>What's with all this "herky jerky" trading activity? I understand volatility, but this is ridiculous. One minute the DOW is up 25, 2 seconds later-- it's down 15.
welcome to the hybrid market. flickery quotes.
tehdrunky.
welcome to the hybrid market. flickery quotes.
tehdrunky.
Personally I know the high frequency traders are loving it right now. Keep in mind that these robots make fucking 100,000 trades in 1 day. No shit really 100,000 trades. And you wonder why shit spins out of control.
# posted by 
: 2:51 PM
: 2:51 PM
Until the market goes back to some normalcy, I think I'm going to start day-trading this thing.
Anyone know of some quality day-trading rooms?
Anyone know of some quality day-trading rooms?
gotta say - (sry fly - no disrespect meant at all ...) that we may not really be in an oversold position. yes - short term we have dropped - and ... where is the bounce ? ... where is the fargin bounce ... but history suggests we could go MUCH lower than this - without batting an eye ... sry - but we could be much more oversold than this. btw- I am not bearish - just being "stochastic" minded.
# posted by : 3:14 PM
: 3:14 PM
Yoko,
There are some good traders in Wallstreak... although today I am not one of them as I have been smoked like a fish.
-DT
There are some good traders in Wallstreak... although today I am not one of them as I have been smoked like a fish.
-DT
"You Can't Fight City Hall"
Who knows whats in store for the financials--spin control.
Did you see the action in AIG today. It's trading like a tech stock.
Who knows whats in store for the financials--spin control.
Did you see the action in AIG today. It's trading like a tech stock.
Looks like that uptrend line held. If we can test and hold one more time, we may have put in a"short term" bottom but I am staying way the fuck away.
SBUX now trading like earnings will be okay after AH. It could be a bust since Fly now goes to Dunkin' Donuts so they lost his revenue.
Post a Comment
<< Home
