Equity market continued to follow the same path day-in and day-out this week as the distance between the 50DMA and Monday's morning gap becomes smaller and smaller.
ES BTFD, STFR...

and longer-term...

http://www.zerohedge.com/news/deja-deja-deja-deja-deja-vu
YUP YUP AND YUP,,,,,,,,Nothing but algos gaming what's left of our markets.......................
Remember , they are paid rebates/commissions on number of share traded, They call it making liquidity LMAOOOOOOOO They give a rats @$$ what the price of a stock does, they make tons just flipping everything,,,,,,
slaughterer
slaughterer's picture
Why did we spike today? It makes absolutely no sense. JPM is dying, but consumer sentiment is up? Huh?
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Fri, 05/11/2012 - 14:46 | 2418174 SHEEPFUKKER
SHEEPFUKKER's picture
How do you pump and dump if the buyer is also the seller?
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Fri, 05/11/2012 - 14:55 | 2418200 Papasmurf
Papasmurf's picture
That makes it easier. Then the HFT algo can walk the prices up and down at will.

Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.