From $102 To $0.01 In Under One Second

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Fri, 05/13/2011 - 10:39 | 1271658 Ancona
Ancona's picture

But....but.....the HFT guys bring liquidity to the market.

Fri, 05/13/2011 - 10:38 | 1271669 tmosley
tmosley's picture

Too much liquidity.  That stock just succumbed to alcohol poisoning, like a fraternity pledge on a bender.

Fri, 05/13/2011 - 10:50 | 1271721 TruthInSunshine
TruthInSunshine's picture

SCORECARD OF TRUTH:

Actual Unemployment Rate = 22% (see John Williams SGS *Shadow Government Statistics* alternative unemployment rate reflecting methodology that includes "long-term discouraged workers" that the Bureau of Labor Statistics in 1994 under the Clinton Administration redefined away from those considered "unemployed."
http://www.shadowstats.com)

Real Inflation Rate = 8.8% Annualized (with a head of steam baked into the cake to possibly accelerate this significantly by Q3)

Government Net Transfer Payments = 51% of U.S. Population

1 out of 7 Americans on SNAP (aka Food Stamps)

U.S. Deficit (Annual Revenues - Expenditures) = -1.9 Trillion

U.S. Debt = Officially stated as 15 Trillion as of 2011 (actual is 56 Trillion to 202 Trillion; reference David M. Walker & Laurence Kotlikoff) - U.S. Is Bankrupt

U.S. Government Spending as % Component of U.S. GDP at Present = Approx. 1.6% (so if GDP is stated as 3.2%, U.S. 'Organic' GDP is only rising at 1.6%)

Approximate % of GDP Growth that is Nominal & Attributable to Inflation = 1.1% (so that 'Organic' 1.6% Growth in GDP is closer to 0.5% - not enough to stop further job losses and close to the point whereby we could start contracting again very soon)

 

You're Doing A Heckuva' Job, Bernank! (crushing consumption and organic economic & job growth while ratcheting inflation higher, all in one fell swoop)

Fri, 05/13/2011 - 10:59 | 1271758 Fish Gone Bad
Fish Gone Bad's picture

In times like these I remember, "Stocks trade like real money, until they don't".  LMFAO

Fri, 05/13/2011 - 11:05 | 1271782 Thomas
Thomas's picture

As one of you guys said, we need to start making decks of cards with Wall Streeters' faces on them.

Fri, 05/13/2011 - 12:06 | 1271930 Drag Racer
Drag Racer's picture

I would fold evey hand just to not look at them. Of course that would increase my chances of winning as well with that deck...

Fri, 05/13/2011 - 16:42 | 1272037 Pegasus Muse
Pegasus Muse's picture

we need to start making decks of cards with Wall Streeters' faces on them

Oh, you mean like those card decks they issue to troops in Iraq/Afghanistan that have enemy pictures on them.  They call 'em HVT's --- High Value Targets. 

Fri, 05/13/2011 - 19:41 | 1273324 just_looking
Fri, 05/13/2011 - 13:19 | 1272226 YHC-FTSE
YHC-FTSE's picture

+1

Good stats and links. I think the impending QE3 rules out -ve growth in the short term - that's why Bersnakey is doing it after all - to keep USS Titanic afloat until the SS Californian, PRC Carpathia or even IMF Samson pop along to pick up the load.

Fri, 05/13/2011 - 10:42 | 1271684 randocalrissian
randocalrissian's picture

the HFT guys bring liquidity to the backside of your midsection.

 

fixed

Fri, 05/13/2011 - 10:53 | 1271704 firstdivision
firstdivision's picture

HFT liquidity to the market is as Peter North's liquidity to girls faces.

Fri, 05/13/2011 - 15:28 | 1272597 ugmug
ugmug's picture

You've been peeking at Bin Laden's porn stash again...

 

Fri, 05/13/2011 - 10:56 | 1271745 whatsinaname
whatsinaname's picture

SEC on the case ?

Fri, 05/13/2011 - 11:03 | 1271773 DeadFred
DeadFred's picture

GS just sent a reminder shot across SEC's bow. They've now been pulled off the case. Message: we own you, so don't mess with us!

Fri, 05/13/2011 - 12:09 | 1271958 Rynak
Rynak's picture

Who needs nuclear weapons anymore anyways....

Fri, 05/13/2011 - 10:36 | 1271660 Xibalba
Xibalba's picture

Ahhhhhhh.......liquidity.

Fri, 05/13/2011 - 10:37 | 1271664 suldog
suldog's picture

Looks like the SPX near the end of June

Fri, 05/13/2011 - 10:37 | 1271665 gkm
gkm's picture

From minutes to seconds, I'd say that is progress.

Fri, 05/13/2011 - 10:37 | 1271666 Re-Discovery
Re-Discovery's picture

Didn't happen.  You're seeing things.  (Get the Matrix police out here, NOW!!)

Fri, 05/13/2011 - 10:55 | 1271737 Whizbang
Whizbang's picture

unless you have subsecond charting, this never happened, it's not shown on my charts anywhere.

 

Also, for fuck's sake tyler, having resolve stain fighter ads blast out my speaker at work is not helping my drive towards partner. if your going to autospam us with ads at least have them muted...

Fri, 05/13/2011 - 11:07 | 1271791 Eric Cartman
Eric Cartman's picture

Sound Blasted, Bitchezzz!

Fri, 05/13/2011 - 11:39 | 1271874 GoatETF
GoatETF's picture

+1, neither does S---bucks shooting out my nose from reading your posts.

Fri, 05/13/2011 - 14:25 | 1272409 Rick64
Rick64's picture

It showed up on TOS on a 15" chart.

Sat, 05/14/2011 - 00:39 | 1273788 StychoKiller
StychoKiller's picture

Answer to your "problem:"  http://www.mvps.org/winhelp2002/hosts2.htm

Fri, 05/13/2011 - 10:38 | 1271668 Goofy Bastard
Goofy Bastard's picture

Benjamin Graham's "Mr. Market" is clearly off of his meds

Fri, 05/13/2011 - 10:57 | 1271741 cowdiddly
cowdiddly's picture

Patience my fellow buzzards. There will be thousands of cigar butt stocks soon enough.

Fri, 05/13/2011 - 10:38 | 1271670 RobotTrader
RobotTrader's picture

Looks like Uncle Gorilla is testing the "Flash Crash Simulator" on some obscure stocks.

Later, they will used it at the COMEX and NYMEX and AMEX to deliberately crash commodity prices and send "Anti-Dollar" and "Inflation Theme" macro funds into the poorhouse.

Fri, 05/13/2011 - 10:44 | 1271680 MSJChE
MSJChE's picture

Hope so.  I'd be able to default the Comex myself.  That would be fun.  :)

Fri, 05/13/2011 - 10:44 | 1271696 SheepDog-One
SheepDog-One's picture

'Obscure stock'...OH you mean its not a retail assless jeans or $75 hand towel stock.

Fri, 05/13/2011 - 11:04 | 1271788 GoinFawr
GoinFawr's picture

++ I guess some things will just never go out of style.

Fri, 05/13/2011 - 11:55 | 1271908 Trillax
Trillax's picture

Goddamnit Sheep, I about choked on my bagel from that and shot coffee out of my nose unto my brand new friggin' LCD monitor you bastard!

+100 ;)

Fri, 05/13/2011 - 11:43 | 1271879 Hephasteus
Hephasteus's picture

Is uncle gorilla being a fuck up pretending he knows what he's doing?

Fri, 05/13/2011 - 10:39 | 1271674 SWRichmond
SWRichmond's picture

OT:

Tyler, some of the ads on ZH now are the self-launching videos that include audio with the volume of course all the way up.  Lose them or lose traffic.  Choose.

Fri, 05/13/2011 - 10:42 | 1271683 SheepDog-One
SheepDog-One's picture

Yea I just got one too. 

Fri, 05/13/2011 - 10:48 | 1271705 unky
unky's picture

use firefox with no-script extention, no commercials at all...

Fri, 05/13/2011 - 11:29 | 1271841 Abitdodgie
Abitdodgie's picture

How fucking annoying is that

Sat, 05/14/2011 - 00:41 | 1273790 StychoKiller
StychoKiller's picture

Another answer to your "problem:"  http://www.mvps.org/winhelp2002/hosts2.htm

Fri, 05/13/2011 - 10:50 | 1271720 Gunther
Gunther's picture

Adblock plus with Firefox will fix that; you can use pre-defined filter lists or create your own.

Fri, 05/13/2011 - 10:53 | 1271739 Race Car Driver
Race Car Driver's picture

Why wait for someone else to do something for you? Use Firefox with Ad Block Plus (ABP) - no ads.

Fri, 05/13/2011 - 11:03 | 1271777 Hacked Economy
Hacked Economy's picture

I got one too, but as soon as I heard the audio and figured out what was happening, I simply closed the entire window (which means I didn't read the article or comments).

I'll seriously consider donating to this site, as I've been here for a while now and find it worthwhile to stay.  But PLEEEZ ditch the audio ads!

You won't lose me as a reader, but you will (as Richmond said above) lose my traffic on those pages.

Fri, 05/13/2011 - 11:23 | 1271835 snakeboat
snakeboat's picture

Give first, suggestions second.  This site deserves much support.

Fri, 05/13/2011 - 13:00 | 1272170 bmwm395
bmwm395's picture

Just click on some adds now and again.

Sat, 05/14/2011 - 00:39 | 1273792 StychoKiller
StychoKiller's picture

Answer to your "problem:"  http://www.mvps.org/winhelp2002/hosts2.htm

Fri, 05/13/2011 - 11:37 | 1271869 tmosley
tmosley's picture

Make it so that donators can turn off ads.  That will likely bring in more revenue than the ads ever would.

Fri, 05/13/2011 - 13:19 | 1272214 Rynak
Rynak's picture

Regardless of this, audio ads are about the most disgusting thing ever done in web advertizing... its even worse than layered popups that cover the entire window (which is disgusting too).... i doubt that tyler actually wants those ads (the advertizer just sneaked them in).... still, now that it is known, they should go away for everyone... no website admin who knowingly allows this stuff, deserves the ad income... and this is also what will happen: Either this type of ads go away, or the people make them go away themselves, or the people go away - none of those outcomes involve ad income, so there is no point in keeping such ads.

Fri, 05/13/2011 - 14:17 | 1272397 RobertC
RobertC's picture

Get IE9, and install the TPL from https://easylist.adblockplus.org/en/

Fri, 05/13/2011 - 10:42 | 1271675 Cognitive Dissonance
Cognitive Dissonance's picture

Behold progress...

Progress is good.....right?

At least that's what my minders keeping telling me.

Fri, 05/13/2011 - 13:23 | 1272236 Rynak
Rynak's picture

There is no point in increasing the speed, when you're driving in the wrong direction.

So much for "progress" which nowadays is just a fancy term for "change". See obama.... he certainly brought you "change", right?

Fri, 05/13/2011 - 10:43 | 1271676 Dr. Engali
Dr. Engali's picture

How in the hell do you find these things?

 

Fri, 05/13/2011 - 11:18 | 1271818 magis00
magis00's picture

aren't we all tipsters?  2 eyes to see x 1,000,000

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