This page has been archived and commenting is disabled.

Lowest Non-Holiday Market Volume Since 2008 Market Crash

Tyler Durden's picture


Somewhat ironically, up until the Texas Instruments news hit, NYSE market volume today was 3.2 billion shares. This is on par with the lowest non-holiday market volume since just before the market crash in September 2008. It seems not even algos and robots care to trade this market anymore. Any banks that may have been hoping to make some commission-based profits on a mythical jump in trading this uear will have to shelve such plans and continue to rely on the only proven money-making model: massively leveraged prop trading.


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Mon, 04/04/2011 - 16:57 | 1134328 LostWages
LostWages's picture

And just wait until the reverse split on Shittygroup, will knock off 1/3 of this volume.

Mon, 04/04/2011 - 17:02 | 1134367 ranrun
Mon, 04/04/2011 - 17:45 | 1134546 covert
covert's picture

with us picking up the tab as usual.


Mon, 04/04/2011 - 17:52 | 1134577 pragmatic hobo
pragmatic hobo's picture

they will find something else ...

Mon, 04/04/2011 - 19:09 | 1134819 Hard1
Hard1's picture

Oh, wait, wasn't it a holiday today?  Shoot, I missed work!

Mon, 04/04/2011 - 16:57 | 1134329 AldoHux_IV
AldoHux_IV's picture

A holiday for the algos and robots?

Mon, 04/04/2011 - 19:02 | 1134793 werealldoomed
werealldoomed's picture


Mon, 04/04/2011 - 16:55 | 1134330 max2205
max2205's picture

They all made their year. Off early this year to the Hamptons!

Mon, 04/04/2011 - 18:55 | 1134774 Igor AKA 990
Igor AKA 990's picture

Qingming Festival:  official chinese bank holiday.  

Mon, 04/04/2011 - 19:39 | 1134905 Manthong
Manthong's picture

Blythe was out today. Had to run down to DC, Daley needed a Lewinsky.

Mon, 04/04/2011 - 16:59 | 1134341 EscapeKey
EscapeKey's picture

The question is - will silver hit $39 overnight, or will we have to wait until Wednesday?

Mon, 04/04/2011 - 17:07 | 1134390 Long-John-Silver
Long-John-Silver's picture

The real question is when do we awaken to $100+ Silver one morning.

Mon, 04/04/2011 - 17:56 | 1134598 disabledvet
disabledvet's picture

then i will need a parrot on my shoulder to "do the talking."

Mon, 04/04/2011 - 18:57 | 1134776 ShouldveLeftHer
ShouldveLeftHer's picture

Thats pro. Im getting an Afghan Reesus Monkey to handle my day to day operations/familial interactions @ 100$

Mon, 04/04/2011 - 17:11 | 1134406 FLIP THAT BOND
FLIP THAT BOND's picture

It smells to me like tonight...everything's in a line for a nice pop.

Mon, 04/04/2011 - 17:13 | 1134426 Dr. Porkchop
Dr. Porkchop's picture

Turd's observation is that the cartel often waits until after Mondays in order to avoid it being obvious. It's called Happy Monday! I would expect a fierce attack tonight or tomorrow. If buyers step in, they will likely trace a new line in the sand higher up.

Mon, 04/04/2011 - 22:27 | 1135442 FLIP THAT BOND
FLIP THAT BOND's picture

That's not until next Tuesday so they can crush it before the big options expiration at the end of the week.

Mon, 04/04/2011 - 23:39 | 1135591 HyperinflatmyNutts
HyperinflatmyNutts's picture

Does that Cum with a happy ending?

Mon, 04/04/2011 - 19:08 | 1134805 tmosley
tmosley's picture

Already hit it for me.  I sold a bit so I could have some work done on my fence (in preparation for goats--coming soon to a tmosley near you), and got $39/oz for generic rounds).

Mon, 04/04/2011 - 19:14 | 1134827 EscapeKey
EscapeKey's picture

Well, that's quite good really, considering goats supposedly scare trolls away!

Mon, 04/04/2011 - 23:40 | 1135599 Flakmeister
Flakmeister's picture

Ever see the movie, Men Who Stare at Goats?

Mon, 04/04/2011 - 16:57 | 1134345 mynhair
mynhair's picture

No wonder the parasites have been all over AVL like flies on Timmah:  nothing else to pump.

Mon, 04/04/2011 - 16:59 | 1134347 Your Mama
Your Mama's picture

It's so far beyond rediculous ..I don't even have the words for it .What the fuck is going on ? The Benank has really fucked everything up

Mon, 04/04/2011 - 18:57 | 1134772 MrPook
MrPook's picture

+1. The pooch is screwed.

Mon, 04/04/2011 - 16:58 | 1134350 Leo Kolivakis
Leo Kolivakis's picture

Congrats to all of you who have National Semiconductor Corp (NSM). Texas Instruments Inc is buying chipmaker National Semiconductor Corp for roughly $6.5 billion in cash, the companies announced on Monday. Stock is up 72% AH. Very bullish for tomorrow and shows you risk appetite is opening up...

Mon, 04/04/2011 - 17:02 | 1134373 101 years and c...
101 years and counting's picture

it shows that companies would rather drastically overpay for revenue then for trying to grow organically (because they are unable to).


Mon, 04/04/2011 - 17:09 | 1134404 A Man without Q...
A Man without Qualities's picture

And pro-forma accounting hides a lot of ills.

Mon, 04/04/2011 - 17:12 | 1134421 hambone
hambone's picture

Serious Leo???  Is that really your takeaway or did you forget your <sarc on / off> button?

Mon, 04/04/2011 - 17:20 | 1134450 jkruffin
jkruffin's picture

He was being serious sad to say. Which is why I don't read anything he writes about on ZH anymore. He is a cheerleader, instead of telling the facts of truth.  Nothing wrong with making money, but don't lie to people....trying to do it.  You make yourself as low as the scum in the Treserve and in the White House.

Mon, 04/04/2011 - 17:51 | 1134583 hambone
hambone's picture

Agreed - we are what we do.

Mon, 04/04/2011 - 18:39 | 1134729 hambone
hambone's picture

did it.

Mon, 04/04/2011 - 17:25 | 1134469 Id fight Gandhi
Id fight Gandhi's picture

Another example we need an ignore button.

Mon, 04/04/2011 - 17:44 | 1134542 homersimpson
homersimpson's picture

Yes risk appetite always opens up when you're playing with other people's money...yes so bullish *rolls eyes*

In other words, you and Robo are so full of it. This is so similar to the dot com days when bankrupt companies were buying each other out in hopes to preserve their shareholders' (read: VCs) capital.

Mon, 04/04/2011 - 18:43 | 1134716 razorthin
razorthin's picture

At least Robo objectively presents technicals.  Yes, he seems to present positive set-ups disproportunately, but the market has been disproportunately to the upside.  My observations tell me he is a proficient trader.

Mon, 04/04/2011 - 20:04 | 1134806 traderjoe
traderjoe's picture


Mon, 04/04/2011 - 19:12 | 1134811 homersimpson
homersimpson's picture

Well.. it's one thing if he objectively presents technicals. Unfortunately, he tries to make his posts look like he's an oracle but in reality he comes across as an arrogant monday morning QB with pics of hot chix..

You only see him around when the market is up.. otherwise, he's never around when things are down - which is why he gets junked a lot nowadays. A long while ago, he used to actually be fun to read when he wasn't so objective (read: not a bulltard)..

He's whiffed badly on PMs consistently.. There are a lot of people who doubt how good Robo is given his history of being more Monday Morning QB than oracle.. Especially when his explanations on why the market is up doesn't match what is really going on.

For the record, I didn't junk your opinion, but I strongly suggest that Robo is as objective as the Wall Street Journal's reporting on the Fed.

Mon, 04/04/2011 - 20:57 | 1135170 Gold 36000
Gold 36000's picture

I suspect monday morning quarter back syndrome.  Also Robo said in previous posts that he bought the recent precious metals dip, but hasn't said much since.  The person who is always making the right trade at the right time is probably bullshitting.

Mon, 04/04/2011 - 17:52 | 1134571 duo
duo's picture

TI way over paid for Burr-Brown in 2000, which ended up being the book-end of the Tech bubble.  They are repeating history.

I also think their two fabs in N. Japan will be down longer than a July restart.

Mon, 04/04/2011 - 17:59 | 1134605 disabledvet
disabledvet's picture

"they" have "fabs in japan"?  who r "they" again?

Mon, 04/04/2011 - 18:39 | 1134730 ghostfaceinvestah
ghostfaceinvestah's picture

Definitely starting to see some "end of bubble" type behavior.  That's what excess liquidity will do.

Hope they can close this deal before July.

Mon, 04/04/2011 - 17:00 | 1134353 Homey Da Clown
Homey Da Clown's picture

Perhaps the thought of four more years of "The One" is sinking in? Look at how well the first two years have gone.

Mon, 04/04/2011 - 17:01 | 1134356 Samsonov
Samsonov's picture

Low volume on comments also, both here and the WSJ.

Mon, 04/04/2011 - 20:55 | 1135164 Gold 36000
Gold 36000's picture

It is a bottom in pessimism.  The paranoid anti-stock anti-usa crowd is losing hope.  It may be time to short the market now!  Buy on pessimism highs and lots of bragging by the zero hedge crowd, sell when comment volume is low and the pessimists are losing hope!

Mon, 04/04/2011 - 17:05 | 1134360 hambone
hambone's picture

I guess I'm still of the completely unvalidated view that the Fed will never sell it's T's, its MBS's, and won't ever sell it's equity holdings (whether they be held by BlackRock or whoever).  I have this funny feeling Fed is printing money from nothing, buying "stuff", and never putting said "stuff" back on the market.  Results in less "stuff" for sale, Fed never has to write down assets (they're held to maturity...infinity?), and subsequently just creates more free money with which to buy more "stuff".  What could be more inflationary and supportive of asset prices?

I have a strange feeling that the outstanding float of assets (even T's) may be getting lower on a daily POMO basis. 

And I really curious about all the continued fake T's getting confiscated to the tune of a trillion plus.  If these are what is "caught", means there are likely far more out there likewise hoovering up assets and increasing money supply???

Mon, 04/04/2011 - 17:11 | 1134415 magpie
magpie's picture

Don't worry, the bankers only accept those funny bonds at a 10-15% discount - so inflation is already priced in.

Mon, 04/04/2011 - 17:12 | 1134423 Bastiat
Bastiat's picture

Being able to print money and buy assets is good business -- even if half of them are bad.

Mon, 04/04/2011 - 17:03 | 1134361 ranrun
ranrun's picture


Mon, 04/04/2011 - 17:05 | 1134385 Dr. Porkchop
Dr. Porkchop's picture

Don't forget gouging customers with service fees. There's more than one way to get blood from a stone!

Mon, 04/04/2011 - 17:13 | 1134418 jkruffin
jkruffin's picture

Only thing I have left in any of the markets is a nice round lot of SPY puts for September.  Other than that, cashed out all FOREX, Treasury Direct account, and its all going to add to my silver pile.

Mon, 04/04/2011 - 20:50 | 1135158 Gold 36000
Gold 36000's picture

ok mark this down boys.  A man willing to pull out the crystal ball and predict the future and willing to have a totally undiversified account.

I don't think he is going to make much money between now and October though.  come back and let us know

Mon, 04/04/2011 - 17:13 | 1134430 RobotTrader
RobotTrader's picture

If the SPY and NYA clear the old highs with participation from the bank stocks and chip stocks, there will be an outright buying panic because too many guys are sitting on the sidelines, too scared to buy.

EEM and IWM have already punched through, and those sectors are by far riskier.

And speaking of risky sectors, when is the GDX going to take off?  They were stomping all over TRE, AEM, etc. today.

Poor General Jim should have left his gold mines untouched in the ground, started up a Priceline copycat, and named his company "Travelzoo" instead....

Heh, he'd be rolling in the dough right now, and the CIGA's would be ebullient if they bought TZOO instead of TRE.


Mon, 04/04/2011 - 17:22 | 1134454 whatz that smell
whatz that smell's picture

i smell gloating... or is it a pink bra gone bad? wink wink lol.

Mon, 04/04/2011 - 17:28 | 1134489 tmosley
tmosley's picture

Robo here has the attention span of an amoeba, and I think I am being generous.

Also, he can't post a chart of gold or silver today, because they are UP.

Mon, 04/04/2011 - 20:50 | 1135147 Gold 36000
Gold 36000's picture

he says he is in gold and silver too.  I get a little suspicious because he is always in the things going up and never has bought an investment that wasn't wildly successful.  A bit suspicious, but he is fun to have around because it makes some people so mad.  I enjoy harrassing the caged monkeys too, Robo.  They are so easy to get riled up!  but lots of people have figured out the game now.  You only have a few dupes who still play. 

Now Hammy is really going strong.  Apparently there is a new crowd who doesn't realize he is a parody of Harry and they get riled up and junk him.  That is truly funny!

Mon, 04/04/2011 - 17:28 | 1134478 hambone
hambone's picture


much as I loathe your rationale, I believe you are correct and against all rational and sane expectations, the market is setting up to blast off. 

This may be the last ditch attepmt to draw investors back, create leverage and credit reliance again.  Looks like they want, are hoping for one more bubble.  The bubble of all bubbles?  Just all seems so pointless and terribly destructive...but I'm sure you will make out very nicely, sorry for the dig - just hard to seperate the playa from the game.

Mon, 04/04/2011 - 17:29 | 1134495 tmosley
tmosley's picture

The market is looking for bagholders.  Robo will be one of them.  I would advise against joining him.

Mon, 04/04/2011 - 17:50 | 1134525 plocequ1
plocequ1's picture

Im just looking at PCLN. At this point i can honestly ask, Volume.. Who gives a flying fuck? Just buy and leave the technical bullshit to the machines. I do own Bidu though and thats not doing too shabby either. Volume is another 90's term that Art Cashin usedto bitch and whine about way back when there were actual trading posts and Market makers.

Mon, 04/04/2011 - 18:06 | 1134631 Bill Lumbergh
Bill Lumbergh's picture

Still not not listening to your mentor Quint to watch the SMH...but let me guess you are "long and strong" anyway with 20% of your capital of these days if we are lucky Robo will go the way of Wanger.


Mon, 04/04/2011 - 20:44 | 1135132 Gold 36000
Gold 36000's picture have to admit he has become a pariah to some degree merely by being a contrarian and failing to follow the party line at zero hedge.

Although he is kinda rubbing it in a bit much.  Humility may be useful. 

It may be fun to bait the rabble but at some point robo's luck will change.  If he comes back in June or July and says he got out of stocks right before the top then we will know for sure he is just bullshiting.  No one can time everything perfectly and that is the first clue of a scammer, the guy who always make the right moves. 

Mon, 04/04/2011 - 17:19 | 1134438 jkruffin
jkruffin's picture

There are some true morons on the SPY board on Yahoo.  LOL

Post on there about CNBC bringing on Leroy Jenkins in a few minutes.  Some idiot says who?  Nice one Tyler on Twitter!!!!!!!!!!!!! ROFLMAO


Mon, 04/04/2011 - 19:14 | 1134830 Misean
Misean's picture

Leroy KNOWS how to wipe a raid!

Mon, 04/04/2011 - 17:18 | 1134442 CheapKUNGFU
CheapKUNGFU's picture

where is Robo, I need to see some BOOBIES


Mon, 04/04/2011 - 19:14 | 1134823 hardcleareye
hardcleareye's picture


Mon, 04/04/2011 - 17:23 | 1134468 TexDenim
TexDenim's picture

Tonite oil will hit new highes and tomorrow ES will hit old highs to celebrate. What goes up must go up!

Mon, 04/04/2011 - 18:03 | 1134621 disabledvet
disabledvet's picture

apparently that includes "boobies."

Mon, 04/04/2011 - 17:24 | 1134473 nonclaim
nonclaim's picture

My only short position got its shares called back today... Not sure what to make of this, maybe a top is in or really close.

Mon, 04/04/2011 - 18:07 | 1134630 disabledvet
disabledvet's picture

specificity please kitty.  what's good for the goosing is good for a gander.

Mon, 04/04/2011 - 17:24 | 1134475 bingaling
bingaling's picture

Illusion has made an appointment with reality . I wish I knew the date and the time .

Mon, 04/04/2011 - 17:46 | 1134559 slowx
slowx's picture

So they don't do QE3 right away, they let the stock market and commodities crash, then they propose QE3 to save the day.  However, the don't start it until everyone has seen their net worth go to zero and the public is begging for the Fed to save the day.  I don't see how else they play their cards because either way they are trapped.

Mon, 04/04/2011 - 17:50 | 1134567 Flakmeister
Flakmeister's picture

Yes... The Fed cannot do a bald-faced QE with oil this strong....

Mon, 04/04/2011 - 17:53 | 1134582 pitz
pitz's picture

Maybe the game is to let the stock market run to the moon, in which case, many/most funds will be forced to sell at least some of their equity positions in order to rebalance. 

Mon, 04/04/2011 - 17:54 | 1134590 pitz
pitz's picture

Maybe the game is to let the stock market run to the moon, in which case, many/most funds will be forced to sell at least some of their equity positions in order to rebalance. 

Mon, 04/04/2011 - 18:14 | 1134650 Verstehen
Verstehen's picture

Imagine this. The greatest asset of an ecosystem or a country is the quality of its inhabitants. High quality inhabitants leads to high GDP growth and progress (industrial revolution, the car, the telephone, the Internet ect.). The relatively homogeneous baby boomers (white Europeans) were of relatively high quality but this group fell short of the magically 2.1 children to sustain itself. To halt the decline high quality Asians were brought in but this group itself is falling far short of the magically number 2.1 to sustain itself (South Korea, Japan, China all are far below 2). This source will run dry at some point.

According to PISA, these two groups (Whites and Asians) have the highest IQs of all populations.

At the other hand the countries with the lowest PISA-IQs (from Mexico to Brazil and from Africa to the Middle East) are the fastest growing populations worldwide. Do you get the point?

To sustain the populations (and the economic system) of the US and Europe the politicians and their masters will inevitably resort to the more stupid populations on earth. This will lead to an irreversible decline in the gene pool and the overall IQ of the US and Europe because the more stupid populations with their high birthrates will dwarf the Whites and Asians at some point (already underway). 

This "socio-economic super trend" will culminate in a degeneration of the population and the overall economy (climax). The best example is the rapidly growing group of Mestizos (Latinos) who are famously dull (PISA-IQ 70 and sinking). A microcosm of this can be observed in Texas where they will outnumber the whites in a few decades. They invest little in education and their income is far lower than that of Whites and Asians. This means they consume less, save less and will use crime to get more money. 
This "socio-economic super trend" (or the trend of all trends) is the doom of doom and strikes terror into the elites head (Hello David). It can only be stopped when immigration is halted which is nearly impossible and is against the Neo-Liberalism mantra (Globalisation). 

The world is heading toward an epic socio-economic disaster more destructive and powerful than every monetary system and they know it. This is the way how civilizations fall. The Germans of 1933 understood that the so-called democracy and Neo-Liberalism conspiracy can only lead to the fall of the US and Europe which is now underway. The Germans were your only salvation but you have conspired against them (Hello England, France, the US, Russia and House of Rothschild YOU ALL WILL FALL). Can you beat the trend of all trends?


Mon, 04/04/2011 - 18:24 | 1134686 EscapeKey
EscapeKey's picture

Wow, that's some pretty impressive flamebait. Especially considering your german username.

Mon, 04/04/2011 - 18:32 | 1134703 Flakmeister
Flakmeister's picture

Perhaps he is channeling the ghost of Franz Von Papen?

Mon, 04/04/2011 - 19:08 | 1134816 hardcleareye
hardcleareye's picture

Oh that one was good! lololol

Mon, 04/04/2011 - 19:21 | 1134851 esch
esch's picture

My German blood says GFY.

Germany's boned too.

Mon, 04/04/2011 - 20:38 | 1135116 Gold 36000
Gold 36000's picture

YOu could have left fascism out of it and still had a legitimate point.  Even if HItler and the rest understood how advanced populations tend to fail to reproduce and are overtaken by less advanced populations, it doesn't mean their solution was the right thing.

The best solution to the demographic dilemma that there is an inverse relationship (in the modern socialist world) between IQ and fertility is just not to do anything that worsens the trend.  The lowest IQ caucasians on welfare have the most kids too.  They end up in prison about as often as the low IQ black kids on welfare.  They are all drags on civilization and a net negative regardless of skin color.

Yes the stupidest and least fit have the most kids now.  Hopefully we will stop emigration before it is too late.  But we also have a problem with our own stupid low class population of caucasians overbreeding, and that is just as serious and also just as likely to result in loss of vitality and regression of our civilization.  Net takers can never be a positive for a civilization or a race when they overpopulate.  The majority of kids in most states are born to singles mothers and/or on medicaid.  People with good private insurance are a minority in the maternity wards.

Junk him if you want, but we have to address this somehow.  IQ is at least partially if not strongly inherited.  Up until the modern welfare state the lowest IQ people did not reproduce excessively.  With the modern welfare state we are now subsidizing the ultimate destruction of our civilization. 

Mon, 04/04/2011 - 22:15 | 1135414 Alienated Serf
Alienated Serf's picture

sad but true.

Tue, 04/05/2011 - 00:35 | 1135713 trav7777
trav7777's picture

so we should have compulsory sterilization then?

Mon, 04/04/2011 - 18:18 | 1134666 Gimp
Gimp's picture

Get out while you still can... uh, the game is rigged.

Mon, 04/04/2011 - 18:53 | 1134765 hambone
hambone's picture

The con game permeates so deeply, RE, CRE, education, media, travel, etc.???  Really hard to get out of the game; every which way you turn the game forces your participation either through taxation, inflation, etc.

Mon, 04/04/2011 - 18:25 | 1134677 Hicham
Hicham's picture

For the Canadians out there....


It's pretty funny- at the counter they've got a diagram with charts showing commodity cycles plus a note about unusual weather patterns to explain why their prices are going up!

At the grocery store, similar notes in the produce sections explaining that strange seasonal weather is why all the prices are going up. A head of cabbage (!!) now costs $3+, bag of carrots $2.50+, bell peppers $4.00+/lb. I think I'll be starting a garden this summer...

Mon, 04/04/2011 - 18:24 | 1134685 Timmay
Timmay's picture



You are in a room. There are two doors to exit from. To your left, that door leads to 72 of the most beautiful virgin (women) in the universe. HOWEVER, once you go through that door you will immediately be castrated, your limbs chopped off and you will be stoned to death by those women until you are bloody stump. As your perceive your last glimmers of life you will taste your castrated member (balls first) stuffed into your mouth.

Door #2 you ask? Hillary Clinton's bedroom.

These are the choices you have left yourself.

Mon, 04/04/2011 - 18:57 | 1134770 hambone
hambone's picture

Time to mount the hill.  May not be much of a view from on top but should be good exercise.

Mon, 04/04/2011 - 20:31 | 1135079 Gold 36000
Gold 36000's picture

Choose Hillary, and lie back and think of England

Mon, 04/04/2011 - 18:39 | 1134727 AmazingLarry
AmazingLarry's picture

What's an "algo?"

Mon, 04/04/2011 - 18:58 | 1134780 razorthin
razorthin's picture

algorithm; program trading.  but fundamentally a good question.  i'd like to know what's in that black box.

Mon, 04/04/2011 - 18:55 | 1134771 RobotTrader
RobotTrader's picture

Hey, if volume doubles tomorrow based on the semiconductor merger frenzy...

Does that mean TZOO is up another 9% again?

Does that mean BIDU goes to $150?

Just askin'.....


Mon, 04/04/2011 - 19:07 | 1134803 Flakmeister
Flakmeister's picture

Do you ever feel like you are talking about something and almost no one in the audience gets it???

It is a pickers market, fast in, take the money and run... or identify sectors that have fundamentals on their side and ride out any vol....I prefer the latter...

Mon, 04/04/2011 - 20:29 | 1135076 Gold 36000
Gold 36000's picture

five percent of investors will have returns greater than 95 percent of other investors by random chance.  a certain number of them by random chance will repeat that feat, and  a certain number of those who repeated it will go on to repeat several more iterations, just by random chance.  We have what?  one or two investors who have a thirty year track record better than their risk adjusted benchmark?

Alpha is a myth, but people are fooled by randomness.  When you have a hypothesis and you make money on it you start thinking your hypothesis was the reason, rather than a more complicated complex system interaction and coincidence as the cause of your success. 

The blind hog always thinks he decided ahead of time to search in a certain place when he finds the acorn.  He attributes finding the acorn to specific actions he took, rather than random chance.

Mon, 04/04/2011 - 20:44 | 1135127 Flakmeister
Flakmeister's picture

There is much truth to what you say...but, real alpha does exist, real alpha means that you change you thesis when the data tells you too...

At the risk of blowing my own horn, I would put my 21 year record, given the investment possibilites I was afforded, against almost was not like I could buy CDS against CDOs...

Mon, 04/04/2011 - 21:01 | 1135190 Gold 36000
Gold 36000's picture

of course there is no way to prove our beliefs.  We both have a faith based religion.

Mon, 04/04/2011 - 19:09 | 1134807 Hard1
Hard1's picture

Wasn't it a holiday today?  Sh*t, I missed work!!

Mon, 04/04/2011 - 20:58 | 1135174 ebworthen
ebworthen's picture


What are HFT machines to do when they know all the chess moves - and no humans want to play?


Mon, 04/04/2011 - 21:45 | 1135339 Gimp
Gimp's picture

No traders needed - matrix is running things now and will determine all future markets daily volumes

Mon, 04/04/2011 - 21:47 | 1135344 99er
Tue, 04/05/2011 - 00:13 | 1135665 Grand Supercycle
Grand Supercycle's picture

Megaphone Top Warnings ...


Sat, 04/09/2011 - 21:59 | 1154243 thames222
thames222's picture

Nobody's trading, and nobody cares.  How could they when they're worrying about these prices?  Really though, hardly anyone in America actually knows what's going on anymore, or knows or cares how to become a part of a solution in our financial environment.

Do NOT follow this link or you will be banned from the site!