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Houston, We Have 3:30 PM Lift-Off Right On Schedule

Tyler Durden's picture
Submitted by Tyler Durden on 06/19/2009 16:13 -0400



 

Because, like clockwork, the entire market always turns on buy programs at the same time. Who cares about paying a good price when you are playing with other people's money in a SPARC-manipulated playground. Mr. T pities the retail fools who thought they have some chance of making money in this WWF-esque rigged spectacle.

Also, good thing that the VIX is down 10% in a flat market. Thank god the markets are "regulated."

And, yes you guessed it, the VWAP reversion programs win again (on no volume on quad witching). Nobody trades anymore except Simons with Simons (or rather Medallion with RIEF).

 
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Fri, 06/19/2009 - 20:49 | 22 Anonymous
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i dont like the new format. i dont want to click through to read each post - i like just scrolling down since i read every post. keep up the great work!

Fri, 06/19/2009 - 20:56 | 23 Zero Hedge
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Thanks for the feedback. We're considering a separate page with full views for people who want it. You're not the first to ask.

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