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Morning Market Ramp, Simi Valley Edition
DUDE: Terrific, JPM SPY Trader. But you haven't told me how we run the market up as it looks weak this morning?
JPM SPY TRADER: That's the simple part, Dude. I start buying the SPYs, I grab shorty and beat his shares out of him.
JPM SPY Trader: ...Huh?
DUDE: Yeah. That's a great plan, JPM SPY Trader. That's fucking ingenious, if I understand it correctly. That's a Swiss fucking watch.
JPM SPY Trader: Thaaat's right, Dude. The beauty of this is its simplicity. If the plan gets too complex something always goes wrong. If there's one thing I learned in Nam--
etc.
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Here come the usual market gunning suspects, in 5,000 share lots traded every 50 miliseconds.
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