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Originally posted by silent thunder
reply to post by nydsdan
2) The big boys have become more reliant on new trading algorithms and techniques that involve massive computerized trading on a level heretofore unseen. So it seems like the market movers are going to be able to "go their own way" even more than ever, despite the fundamentals. Of course, reform or new legislation *could* change this. (trying to keep a straight face as I type that.. )
[edit on 3/5/10 by silent thunder]
Originally posted by GreenBicMan
You have been suckered with all the rest thinking big bad algo's are dominating markets. Yes, maybe on the MILLISECOND level which are just liquidity providers. Lets get real.
what I cannot see is people thinking this market should be cut in half percentage wise with 0% rates and a generational low just put in less than 1 year ago.
No better way of predicting the future in the market than with the past IMO.
After regaining nearly 50% of its losses, a longer bear market from 1937 to 1942 occurred in which the market was again cut in half.
Fiat currency, blah blah blah
After regaining nearly 50% of its losses, a longer bear market from 1937 to 1942 occurred in which the market was again cut in half. (wiki)
Regarding the sickness I don't give a # about that