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"Houston, Looks Like We Have A Quote Problem Out There"
Shit breaks again. It's been covered plenty of times. The fragmentation within the US equities market its beyond management. It gets old repeating the same tune. The SEC is inept, the HFT industry is selfish, and the Academic research on the topic is conflicted and corrupted. The exchanges offer unpublished orders to top bidders and the integrity of the market has vanished.
The garbage was first reported by BATS:
Not even 3 minutes later Nasdaq reports problems:
As is expected, news reading algos go apeshit and flash crash Nasdaq stock:
It's all good though. HFT provide liquidity and tighten spreads...
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Great liquidity when average investors get stoped at zero dollars.
Ahh, butt cheese, and I was just learning how to trade. Not in this millenium.
How about------- Never in the intercourse of human history have so many been screwed by a few with the blessings of our politicians and financial leaders
When are they going to make a rule for the TBTF/TBTJ that when their algos/HFT go haywire, they get to hit the big <Command> Z and have a do-over?
Oh… Yeah… They all ready get to do that…
My mistake.
Can I get in on that?
OJO
V-V
I wonder how many algos being held in stasis whose only job is to crash the system. Providing cover for other failures, like collapse of silver futures for example.
1100010110101110000111001001001110001101010000100101010001010101010101010101010001010101010101110101010101010100
HAIL TECHNOLOGY!!!
LABOUR-SAVING MACHINES WILL SET US FREE!!
MACHINES WILL do so much of our work for us, our Biggest Problem will be what to do with all out Free TIme.
HAIL TECHNOLOGY!!!
« Pour que le travail même, et non le paiement seul profite à l’homme, il faut que ce soit un travail humain, un travail où l’homme entier soit engagé : son corps, son cœur, son intellect, son goût.
L’artisan qui façonne un objet, le polit, le décore, le vend, l’approprie aux désirs de celui à qui il le destine, accomplit un travail humain. Le paysan, qui donne vie aux champs et fait prospérer le bétail par une œuvre accordée aux saisons, mène à bien une tâche d’homme libre.
Tandis que l’ouvrier enchaîné au travail à la chaîne, qui de seconde en seconde répète le même geste à la vitesse dictée par la machine, s’émiette en un travail sans but pour lui, sans fin, sans goût ni sens. Le temps qu’il y passe est temps perdu, vendu ; il vend non son œuvre, mais le temps de sa vie. Il vend ce qu’un homme libre ne vend pas : sa vie. C’est un esclave. »
— Lanza del Vasto
Courtesy Google Translate:
For the work itself, and not only pay benefits to humans, it must be a human work, a job where the whole man is engaged: his body, his heart, his intellect, his taste.
The artisan who fashions an object, polishes, decorates, sells appropriated to the desires of the person to whom it is intended, does a human work. The peasant who gives life to the fields and cattle prospered by a work given to seasons, leading to a task free man.
While the worker chained to work the chain, every second repeats the same gesture at a speed dictated by the machine crumbles into nonprofit work for him, without end, without taste or sense. The time it spends is time lost, sold, and he sells not his work, but the time of his life. He sells a free man does not sell: his life. It is a slave.
- Lanza del Vasto
Google does a pretty good job. But loses a bit of nuance. Here:
"For the work itself, and not just the payment, to benefit man, it must be a human work, a job in which the whole man is engaged: his body, his heart, his intellect, his taste.
The artisan who fashions an object, polishes, decorates, sells, adjusts it to the desires of the person for whom it is intended, does a human work. The farmer who gives life to the fields and makes his cattle prosper by a work in harmony with the seasons, accomplishes a free man's task.
Meanwhile the worker chained to chain production, who every second repeats the same gesture at a speed dictated by the machine, crumbles in a pointless work for him, without end, without enjoyment or sense. The time he spends on it is time wasted, sold; he sells not his product, but the time of his life. He sells that which a free man does not sell: his life. This is a slave."
- Lanza del Vasto
Thanks. Didn't find the quote in English.
I like tight spreads.
And also, spreading tights.
Funny, so do I...
http://banana1015.com/mini-skirt-bowling/
Tuff split to convert. Expensive alley.
It's only really expensive if you buy it. Renting the alley is the way to go............
Here's a quote for you:
“Never in the course of human events have so many owed so much to so few”
Never in the course of human events have so few owned so many others.
Nah,
“Never in the course of human events have so few owed so much to so many.”
There!