This page has been archived and commenting is disabled.

Market Volume As Expected For An Upday

Tyler Durden's picture




 

Micro block reversion algos enjoying the lack of any human emotion now that yesterday's festivities are long forgotten. In the meantime the "deflation is bad for stocks" switch has been set to Ignore, and "Liquidity Providers" are giddily providing liquidity, much needed by the 5 SPARCs trading with each other.

 

- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Tue, 08/18/2009 - 12:23 | 39937 buzzsaw99
buzzsaw99's picture

Send the maggots to siberia.

Tue, 08/18/2009 - 12:24 | 39938 Anonymous
Anonymous's picture

if this market is not a total scam for every prop trader that isn't running a bb or hft algo i dont know what is.

Tue, 08/18/2009 - 12:33 | 39950 Ed Cormack
Ed Cormack's picture

For me this is a crazy market, where are the people?

TD Please tell me what happen?

Tue, 08/18/2009 - 20:38 | 40194 rabblerouse4
rabblerouse4's picture

whow knows...

Goldman and Bank of Amerika run the markets along with Geithner, and beagle boy Ben. There is no free markets, only welfare capitalism and socialism for capitalism.

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Tue, 08/18/2009 - 12:35 | 39952 Fish Gone Bad
Fish Gone Bad's picture

The market is looking tired, but we still have until the end of the month for Eraser Head and Bowl Haircut before the intervention stops.  Call me crazy, but our two homies can still goose this market and probably will.

Tue, 08/18/2009 - 12:35 | 39953 Anonymous
Anonymous's picture

Giddy up! Yeehawww

Tue, 08/18/2009 - 12:36 | 39955 Anonymous
Anonymous's picture

This is god damned ridiculous.

Tue, 08/18/2009 - 12:37 | 39956 Anonymous
Anonymous's picture

Giddy up! Yeehaww!!

Tue, 08/18/2009 - 12:38 | 39958 Anonymous
Anonymous's picture

What is a micro block reversion algo?

Tue, 08/18/2009 - 12:38 | 39959 B_Movie
B_Movie's picture

99.46 was last weeks low ... 99.37 is as far as price has rallied

that space between 46 and 37 ... an inability to rally back to broken support

is an indication of further weakness.

getting back inside last weeks low is step one for the PPT,

whether or not it holds is another story ..

this is better than watching sports.

 

 

Tue, 08/18/2009 - 12:42 | 39964 Cheeky Bastard
Cheeky Bastard's picture

my chips got burned, and all my knowledge became useless after seeing this chart ..

Tue, 08/18/2009 - 12:53 | 39977 Xibalba
Xibalba's picture

What kind of market is this?

Tue, 08/18/2009 - 13:00 | 39990 Ed Cormack
Ed Cormack's picture

funny !!

Tue, 08/18/2009 - 13:09 | 40003 Dixie Normous
Dixie Normous's picture

Shorting this is definately like being the cat that chases the flashlight only to come crashing down between the wall and the sofa.

Great video.

Tue, 08/18/2009 - 16:21 | 40195 dark pools of soros
dark pools of soros's picture

thank you for explaining how i got to this godawful position - i thought it was in my paws!

Tue, 08/18/2009 - 13:09 | 40002 Anonymous
Anonymous's picture

same market its always been cupcake, where I win and you lose.

Tue, 08/18/2009 - 20:38 | 40191 rabblerouse4
rabblerouse4's picture

I too deplore ad hominem comments, such as, "mine's bigger than yours" or it's financial equivalent, "I have more money than you".

Goldman and Bank of Amerika run the markets along with Geithner, and beagle boy Ben. There is no free markets, only welfare capitalism and socialism for capitalism.

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Tue, 08/18/2009 - 12:56 | 39980 Anonymous
Anonymous's picture

Settle down boys and girls. We have a gap to fill from yesterday, at least partially. Once done, there are a number of gaps to the downside. Play the charts and you'll be fine.

Tue, 08/18/2009 - 12:56 | 39981 Anonymous
Anonymous's picture

This is all orchestrated. The Govt has recruited Wall Street (explicitly or implicitly) to aid the juggling act with equities, treasury auctions and a dollar that's just weak enough.

They intend to keep this up. The only question is the seriousness of an end to QE. But if they're putting themselves this far out there to maniupulate things, I can't imagine them just pulling the plug on it in October.

Tue, 08/18/2009 - 13:00 | 39989 Anonymous
Anonymous's picture

Why is it a bad thing for the market if the volume is low on up days? I talking about the indices, not individual stocks.

In the past (last 30 years or so), if I recall, high volume index days have tended to reverse and the low volume index days have tended not to, both on upside and downside. If this continues to be the pattern, the low volume up days don't reverse and the high volume down days do, and the market will continue to go up.

Twin caveat emptor that that's just (1) history (2) from my memory.

Tue, 08/18/2009 - 13:11 | 40008 Anonymous
Anonymous's picture

hey morons, why do i have to enter every captch token twice, the first one always errors out with invalid message.

put down the crack pipe and fix that

zero minus zero = your iq

Tue, 08/18/2009 - 14:50 | 40093 Arm
Arm's picture

It's not a bug.  Your IP is logged and has been linked to useless or disrespectful comments.  It is a way of dissuading trolls and spammers from commenting on the site.  You can still comment, you will just have to be more persistent.

If you ask me, they are being way too generous with some people (by the rudeness of you comment I think they categorized you correctly)

Tue, 08/18/2009 - 13:13 | 40010 Anonymous
Anonymous's picture

Why is it a bad thing for the market if the volume is low on up days? I talking about the indices, not individual stocks.

In the past (last 30 years or so), if I recall, high volume index days have tended to reverse and the low volume index days have tended not to, both on upside and downside. If this continues to be the pattern, the low volume up days don't reverse and the high volume down days do, and the market will continue to go up.

Twin caveat emptor that that's just (1) history (2) from my memory.

Tue, 08/18/2009 - 13:14 | 40012 Xibalba
Xibalba's picture

You must've meant "Buying this" right???

Tue, 08/18/2009 - 13:26 | 40022 Anonymous
Anonymous's picture

Your new moderation stunts the conversation a bit. Also, I seem to get moderated out sometimes while much more inane and/or explicitly insulting or vulgar comments make it through. What standards are you applying exactly?

Tue, 08/18/2009 - 14:23 | 40062 Anonymous
Anonymous's picture

I'm calling it today. Moderately flat or down this week and then explosion upwards on Friday. Still think we'll hit that 50% fib retrace.

Tue, 08/18/2009 - 14:25 | 40069 Anonymous
Anonymous's picture

Volume is rarely as high on days when general indices increase. Such a relationship is why the VIX (on S&P) has an almost perfect negative correlation with the underlying index (S&P). Panic does not drive purchases...unlike what the stupids on CNBC and Bloomberg claim, volatility is not a degree of change, but rather a rate. More shares change hand on days when "investors" are scared.

That being said, I would agree that fundamentals do not support the general level of broad US indices, although there remain individual equities that are extremely cheap, albeit not as cheap as the beginning of March. A sell off is probably ahead, but it will be a long. slow decline and certain securities (i.e. companies selling below NNWC, etc.) may not be included.

Tue, 08/18/2009 - 14:26 | 40073 Anonymous
Anonymous's picture

is this what they call a distribution week?

Tue, 08/18/2009 - 16:05 | 40165 Anonymous
Anonymous's picture

You know what's hysterical is that you can see the real level of bids in the afterhours books when they turn the computers off at four.....

another month of this, and all real trading will happen in the AH....

Tue, 08/18/2009 - 16:05 | 40166 Anonymous
Anonymous's picture

You know what's hysterical is that you can see the real level of bids in the afterhours books when they turn the computers off at four.....

another month of this, and all real trading will happen in the AH....

Tue, 08/18/2009 - 20:37 | 40188 rabblerouse4
rabblerouse4's picture

Everyone has an axe to grind. Everyone is talking their book.

Goldman and Bank of Amerika run the markets along with Geithner, and beagle boy Ben. There is no free markets, only welfare capitalism and socialism for capitalism.

good articles; good articles 4 slow news day ..http://www..
hat tip: finance news & finance opinions

Tue, 08/18/2009 - 16:21 | 40196 Anonymous
Anonymous's picture

Oh, come on, the Comex silver market beat this all to hell. I mean that one has been openly corrupt for years.

Tue, 08/18/2009 - 21:06 | 40560 Anonymous
Anonymous's picture

"Volume is rarely as high on days when general indices increase."

If you have proof of that claim, lets share it with us dummies, will you?

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