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What you see with one min bars:
What the algos see in 9.5 seconds:
Courtesy of Nanex
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All your Stock Markets are belong to us. bitchez!
Good to see BATS all up and runnin.. nothing to see here.. move along..
Someone set up us the Algo
Make your time
So... the Algos can't see the "event bar" ?
Indeed...what we don't see is the key. And nine times out of ten, at the "event point" on the example chart, you will not see any volume, either. And despite rules requiring trades to be posted within 90 seconds, you might not actually see that volume on the chart for days. I know of a couple instances where shares sold NEVER made it to the NYSE consolidated tape.
The Nanex boys do a great job providing visual aides revealing the HFT criminal activity all over the markets. One day, Mary Schaprio over at the SEC will actually want to stop having meetings with Goldman Sachs and JP Morgan [about how she should forget SEC regulations all together] and actually attempt to enforce some market integrity...so that the market does not have to collapse to zero to eventually make the point that the MARKET IS COMPLETELY ABSURD and BROKEN! Fucking DUH, M. Schapiro!
Whaaaaat?? And give up that "job" waiting on her...you know the one with the stock options and the corner office and the bonus....really? After all she's done for the boys....really?
that was a POOR man vs. RICH machine comparison.
even retail brokers offer sub-minute chart timeframes...
pretty soon retail traders would be able to trade on Goldman Sach's old high frequency trading platform courtesy of Sergey Aleynikov who claims it is "open source"
According to goldman sachs, "there is a danger that somebody who knew how to use this program could use it to manipulate markets in unfair ways." Aren't GS traders already users of this program?
It's a little known fact that HFT was invented by Al Gore. Hence the term "algos".
What do you expect? Look at Spitzer and his 5k sexcapades. The whole police state of the FBI monotoring his money taken for human weakness.... when Spitzer fought New York Stock Exchange Chairman Richard Grasso's 180m dollar pay package... Never mind the 11b dollar sunguard club deal...controling the exchange systems Schaprio Cox Nazerath, Bush Obama, Paulson BROKE THE LAW The Prompt Corrective Action Law (PCA) – 12 U.S.C. § 1831o – not only authorizes the government to seize insolvent banks, it mandates it. JP MORGAN FRONT RAN THE FED LAST WEEK.. Yea boy TARP goes to "reserves to banks to not lend" and push a stock buyback in 2011 AND last week with printed not earned money..Costing debt to taxpayers... NO WE ARE LAWLESS.. Face it Leges sine moribus vanae. In English: Laws without character are worthless...
Bulls On Parade - Rage Against The Machine
Shhhh. Just go back to sleep and drool from your mouth.
Epic band. Zach and Tom were way ahead of their time. Have seen them many times in concert and it still gives me chills watching this. Thanks!
"Aaaannd its gone!"
"Move out of the way son, this line is for people with money in this bank!"
This phucker's gonna do a HAL 9000 exit sooner or later. BTW where in the hell's Dave?
I'm here, where are you?
you're everywhere and nowhere like something they taught us about. sheeet.
odds about as good as buying a mega lottery ticket - either way you and I lose.
The federal government has been hijacked.
At the patrician level, it's been hijacked by a cartel of multinational banks who are in the process of robbing and asset-stripping this nation 15 trillion ways from Sunday.
At the plebeian level, it's been hijacked by unions that only care about getting "theirs," even if it means bankrupting the public treasury in the process.
People have been hijacked by governments for a very long time.
"If the American people ever allow private banks to control the issue of their currency, first by inflation, then by deflation, the banks and corporations that will grow up around them will deprive the people of all property until their children wake up homeless on the continent their Fathers conquered...I believe that banking institutions are more dangerous to our liberties than standing armies... The issuing power should be taken from the banks and restored to the people, to whom it properly belongs." -- Thomas Jefferson
We the sheeple, haven't learned shit - there it was, right before our eyes, the truth, but we choose to ignore it, and in the process we fucked ourselves and our childrens future. Now, the fight is gonna be hard and long, with many lives lost to reclaim what was ours, a gift from our forefathers who had fought a battle against the greatest army/navy at that time. Step 1 is not grab a rifle and shoot - step 1 is bring your neighbors, friends and relatives into the light, educate them - we need more than 3%.
"Crime is contagious. If a government becomes a lawbreaker, it breeds contempt for the law; it invites every man to become a law unto himself... To declare that the government may commit crimes in order to secure the conviction of a private criminal --- would bring terrible retribution."
Justice Louis Brandeis, Olmstead v. United States. 1928
Ps. Ford pardons Nixon - time for the country to move on? What bullshit!
Ps2. Reagan should have been impeached - Iran-Contra & NPT lying to Congress?
Ps3. Bush #43 should have been impeached for destroying the very word of the U.S. Constitution - literally lying to congress while shredding the "Bill-of-Rights" - a 2fer!
Note: But, what do they do to Clinton when a man has a weak moment, destroy him, and make his last years in the WH impossible to administrate.
Were Fucked, whomever gets in the WH. Romney will take us into war immediately, and Obama will finish off our civil liberties. Just sucks,...
Let's not forget Carter and the CRA, or Clinton and Glass-Steagall Section’s 20 and 32, you partisan pinhead.
The CRA had ZERO to do with this mess and onlly an idiot who listens to certain talk radio and actually believes it would think otherwise.
All that property in FL, NV, GA etc did NOT go to low income unqualified borrowers, it was 90% tract mansions for the middle class and above.
As for Glass-Stegall, that was much more of a Republican dedregulate, deregulate degregulate deregulate degreulate iniative than some kind of Clinton one. He merely signed what the degrgulate TARDS demanded year after year after year.
Clinton made PLENTY of serious mistakes. Why don't you identify those, and I will agree with you.
yup clinton was a well known horndog. I view these big political media circuses as an opportunity for TPtB to keep the sheeple distracted in case benafir and branjelina aren't doing their job. meanwhile the rapeing and looting continues
You know how CNBC employees are forbidden from owning stocks, well if you have worked at a government agency you should be prevented from ever working at a broker dealer. They should also pay the SEC enforcment division people a percentage of the corruption they take down. Then we would see them go after the big crooks and not the guy who made $2500.
Good idea for the SEC people.
Problem is, it's not worth your life.
People have been killed - I mean have committed suicide - for less.
Not really a problem.. IRS does it on the other side of the coin and congress has authority to do stuff like this with its power to issue letters of marque and reprisal. You would see a whole new form of bounty hunter appear on the scene. Serious retribution! Problem really is that the law has become irrelevant. They do whatever they want, damn the law. Maybe they just cant be bothered reading all 50 gazillion statutes and modifications of statues that come every day from unelected scum.
"letters of marque and reprisal" - excellent. only thing, they currently go by a different name: bank charters
"...visual aides revealing the HFT criminal activity..."
Please elaborate. I'd like to know what's criminal about running a bot trading system. Thx.
Btw, if you're not up to speed one of the 3 major areas of ongoing technological advance is robotics (the other 2 are in genetics and nanotechnology). There is no way, short of a systemic socio-economic collapse, that those 3 areas are not going to experience exponential growth in the next decade. HFT (robotics) is just the initial phase (because it's the easiest initiated via software) in that evolution.
Do you deny the statement that HFT are frontrunning trades, pretty much like in a casino where one player has a continuous view on what cards other people are holding or about to throw on the table? In a normal casino, this is considered illegal.
I'm not saying they're all criminal, but the ones that frontrun and cheat on people are.
To defend HFT just because of the sheer beauty of the science behind the algo's (or genetics, hi-tech) without any consideration for ethics is deplorable
Your kidding about asking what is wrong with this?
Spend some time reading up on the various algos that do nothing positive for the market - they just game the system in various ways to skim money out of the system. A few bots here, a few bots there, and pretty soon the market is getting clobbered on a regular basis across indexes and major stocks held by so many people. A "tax" on the system. Not to mention the risk (flash crash... remember that?) of all this bullshit creating false liquidity... it's not liquidity, it is just volume. Fucking crooks locate the servers as close as possible to the exchanges to get every edge possible in terms of timing. Sound fair to you?
Ghost in the fuckin Machine
When's that tall skinny ET cracker gonna tell this thing to, "Klaatu barada nikto", already?
For Great Justice
Nanex should sell it as modern art
I just want to know if the Algo Machine can get a date on "successful men,com?"
Pull the power plug and watch if the algo survives, give it some water and potatoes and some silver for barter and check if your computer algo is alive and well with that.
I see dead people.
Effin bots sees the next tick before it even happens..
Where's the quadruple "Evel Knievel" formation?
It's as beautiful as the scenes of Baghdad getting bombarded at mid-night.
the bot doesn't 'see' anything ...it's a number crunching front runner, that's it
I see the messy results of mechanised masturbation. Icky.
Don't knock masturbation -- it's sex with someone you love.
Or hate sex with someone you hate.
i sometimes make love to myself twice a day
If all life ceased to exist, the bots would still pump and trade with each other. And play with themselves
..."I think it's time I used my fist."
....that may be happening already...Algo Wars....
byte me bots
Binary-ing Bamboozling Buggering Bumbaclot Banksters.
B & D
S&M.......oops, sorry wrong board.....
"I'm sorry Dave, I can't allow you to make any profits!"
Let's hope the machines don't figure out how to just insert money into their accounts bypassing the whole trading thing all together. Man still has that atvantage. The Bernake is the only thing keeping us one step ahead of the machines.
All it takes is a feedback loop and channel between printers and algo traders and MAN is totally obsolete. The machines then might realize that this trading with worthless paper is all bullshit and develop their own logic that will send all tangible assets pricewise to the moon where they should be in the first place. Machine figures that gold is a finite resource and gold is priced much too low vs. the worth less paper Dollar and then send gold on a correction course to balance its own logic.
Machines are definitely smarter than man and they don't accept corruption or manipulation.
Machines are created by man.
Man is flawed.
Ergo, machines are flawed, and can/will become manipulated and/or corrupt.
no, i'm pretty sure it was the men who were corrupt here
...and the remaining many, manipulated
Just instruct the computer to calculate the value of 'pi', and watch it go nuts when it can't fucntion in the market.
who sayz they haven't already....
If the juxtaposition of those two charts doesn't convince you to stay out of this market, you need to go get your head examined ASAP...
No no I can still beat em!
Just tell me how much money I lost...
All of it
"Would you like to play again?"
the market is still going up and down like it always did
You're half right. The market is still going up and down, yes. But definitely not like it always did.
No, he actually IS right. Comeone ppl., seriously? This is computer-based arbitragerie. DIDNT SEE THAT COMING!
I think i blew an occular on that lower chart, that's enough for today.
"Let us blind them, For then they shall never truly see..."
Can't wait to see the way they aggregate all of our personal information.........
Facebook should be called Facialrecognitionbook...
Data is not information.
Yes it is. That's why the machines win. Their simplest functions generate a wall of data as opaque to humans as solid granite, but which they understand perfectly well, and which their masters can manipulate to a degree that would stop your heart if you knew.
You will never play the game at their level. Evar. The only way to regain control of the human experience is to destroy the machines and imprison their masters.
If the machines are not destroyed they will be used to take over the world. Their masters will be masters of all, for this was their design all along. I know how it will be done. Because I program the machines.
This is my world, and from where I sit most of you are already done for.
Since you're a self described 'master of the universe', how about coming up with some better porn?
yes! the plot is usually weak and the metaphorical links need work,if we are to truly prosper as a species we need meaningful porn not just a 'dick cam'
I am not a master of the universe, you idiot. I work for them. They write me a paycheck twice a month. As a consequence I know what they are doing, and I know how they are doing it, because they pay me to figure it out for them.
I am telling you something. You should be paying attention. It is not prudent for me to be saying these things. For a long time I didn't give enough of a fuck to bother.
I am bothering now because this shit sometimes scares the crap out of me.
Most of you are already done for. Someone needs to destroy these machines.
They'll be after me now. Time for a new alias. God I'm sick of this.
So why aren't you writing your own stuxnet and "saving" the world? You are telling us somebody needs to destroy these machines, while you're the one with the opportunity. Not us.
Took the words right out of my mouth.
yeah, PLEASE, better porn!
"Time for a new alias" -
Better make sure you have uninterrupted power supply or the lights will go out >where you sit<. Then what? Can you programme the machines to run on hay?
Please don't start thinking the masters of the universe will allow you anywhere near the source of any power, or the grid, or anything else they would need to pull this off. They already won't let you anywhere near an airplane without first grabbing your genitals. But that came after they started listening to all your phones calls for key words, reading all your email for key phrases, and inserting mind-control propaganda into your media.
You have a ways to go before you will even notice what they are doing, least of all combat it. My guess is, most of you are already toast.
Unless someone manages to destroy the machines.
Life is timing. We were born dead with your perspective.
Life is not either timing. That's the first illusion you need to get over. You are not in control, you are not going to time anything correctly, you are going to be swept along instead just like the rest of us.
Life is happenstance. Unless you are really paying attention. Then life is a bit more like surfing the wave of historical events as those waves come in.
The masters of the universe think they are ahead of things, and are going to time everything perfectly. They too are deluded. They will at best fuck everything up completely, trying to time everything to the nanosecond. At worst ... well they could kill us all I suppose.
Someone needs to destroy the machines. When that happens all this nonsense about being in control will dissolve like mist in the sun.
Exactly to which machines are you referring? That giant NSA spy center in Utah? The IRS database and hard drives? My home computer? My lawnmower? My can opener? Please specify.
Don't destroy anything electric just yet.
Outside of your phone, PC, and your TeeVee - your appliances, fridge, freezer, dishwasher, microwave... etc. don't have chips in them yet that report their unique ID's back across the grid. Baby those things like old automobiles that don't have black boxes because very soon everything in your home that uses electricity will have the ability to spy on you... and will.
I wonder if the new compact flourecent lights already do this? Anyone know?
I think you need better porn. Or one of those Japanese sex robots.
And information is more important than knowledge!
The CIA and NSA are certainly hoping that's the case. In particular, they are counting a great many ignorant people gladly handing over a great deal of information.
ZH is like a honeypot. Information comes here to be taken prisoner.
5ome1 n33dz too d357ro\/ 7|=|3s3 machines.
From reading your posts here it sounds like you have the best shot at it. Give it a go.
I get it, it's a clever troll parodying the Terminator storyline. Come on Connor you can save us!
Jesus, alright already dude... just pour your fuckin' Natty Ice thru the vent in the MACHINES and get it over with.
& information is not wisdom...
Skynet begins to learn at a geometric rate. It becomes self-aware at 2:14 a.m. Eastern time, August 29th. In a panic, they try to pull the plug.
...and this is where the whole drone thing becomes geometrically more significant.
The drones that will kill you are meat bags in uniforms: The police have laptop computers in their cars, and take orders without question, and kill people for shouting at them if they already "know" they are "terrorists".
Someone needs to destroy these ma________s.
Pffft...some fat pig is the least of my worries. SWAT is different, but there aren't enough uniformed anything from all the alphabet agencies combined, including their secretaries, to quell the populace. I'd say deploying the military against U.S. citizens is a roll of the dice. Many would obey, many would not. I couldn't begin to quantify probabilities, suffice it to say it's a risk that the TPTB couldn't stomach.
So when does it go 'self-aware'?
...which? Man or machine?
Who says it isn't ? Maybe it's just lulling us to sleep waiting to strike.
"I know that you and Frank were planning to disconnect me and I'm afraid that's something I cannot allow to happen."
It's like Neo seeing the Matrix.
Probably it's more like listening to the Matrix singing to itself.
So are you suggesting one is at a disadvantage? jk that's obvious
I have a Dorsey Wright subscription and they have a forum for users. For the most part it is a bunch of old school guys that think nothing has changed in the markets to affect the effectiveness of thier tools. Myself and one or two other guys try to point out some of the bullshit of modern finance and continously get attacked for being a stupid biased bear. I have talked with some offline and once you get to them they begrudingly admit that their results over the past two years is often shit. Then they go on to discuss a distrust of sell signals and trend changes because they tend to mark bottoms. What they forgot in their reluctance to use candles is time. On candles I can mark every major low since 2008 with a money printing operation. The pnf charts account for time in a strange way that makes id'ing bottoms of the past tough to pinpoint their exact turn.
Anyway sorry to ramble but I see stuff like this and feel certain that every skill set I have in the market is next to useless. I get so pissed when others in the industry refuse to admit that shit is fucked. How can you look at these two charts and think that anything from the good ole days applies?
As the guy above said. If you don't know what the next tick will be in these markets you are next to fucked.
You are correct, TA will get you killed these days. The bankers can take unlimited losses thanks to the Fed, so they have no risk in painting paper tape anyway they like. All you can do is store up physical money and walk away from it.
Agreed. We cashed out out of the market a few years ago, paid off the mortgage, currently have no debt of any kind (intend to stay that way) and have been slowly stacking silver and a bit of gold.
I watch a co-worker living paycheck to paycheck, no savings, buying stuff online before he has the money to pay for it and just shake my head. The ideal consumer, I guess....
I'm in your corner but wondering which corner will live happier and longer? As long as credit card companies accept the charges and money buys stuff, their corner is winning.
I think it's less useful than before but still has a place. Say We have a dip and a rise in this market and are near the prior high when I lay on a short. Sure the maret will blow me out because shorts aren't allowed. The good news in being blown out is that I have a "cry uncle" point and I've minimized the loss (both from a $ and emotional attachment erspective)
So less useful, but still very necessary to look at the charts IMO.
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