Published on Zero Hedge (http://www.zerohedge.com)

Home > Spot The Lack Of Difference

Spot The Lack Of Difference

By Tyler Durden
Created 09/13/2013 - 18:14
Tyler Durden's picture [1]
Submitted by Tyler Durden [1] on 09/13/2013 18:14 -0500



 

Still believe in humans buying and selling stocks, influencing the machinations of broad-based equity valuations based on their aggregate (rational, frictionless, technical, fundamental, and infinitely liquid) beliefs... then what the f**k is this?

 

[3]

[the dark blue line is vwap - the volume-weighted-average-price - a critical level for HFT algos and compyterized market-makers]

 

Is it any wonder the entire hedge fund community has become nothing more than a nothingburger of overpaid beta-chasers? [4]

 

- advertisements -

Source URL: http://www.zerohedge.com/news/2013-09-13/spot-lack-difference

Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/taxonomy_vtn/term/12411
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2013/09/20130913_eod10_1.jpg
[4] http://www.zerohedge.com/news/2013-09-13/what-has-your-equity-hedge-fund-manager-done-you-lately