I was going to say. wow concerning with inter-day moves!!!!! With algos I guess we have to look at Milli second moves inter-day, anymore.......
Submitted by Tyler Durden on 09/17/2012 13:14 -0400
Volumes are dreadful this morning in cash and futures. S&P 500 e-mini futures (ES) have seen a ridiculously low 5pt range since the open last night but in the last 2 hours, the ES has traded in a 1 point range between 1456 and 1457! Meanwhile Dow Transports are deteriorating again...
Clearly dominated by the algos as ES clings to VWAP...
http://www.zerohedge.com/news/did-qeternity-finally-kill-stocks-sp-futures-1-point-range-last-4-hours?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29
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Mon, 09/17/2012 - 13:51 | 2804122 TheSilverJournal
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It's the rise of the European Monster that's killing stocks. QE is a dollar killer, and of course since stocks are measured in dollars, QE will send stocks up and up and up (although down in real terms).
When Spain begs for a bailout and accepts conditions (handing over its sovereignty), there will be nothing left to hold the dollar from crashing through the floor.
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Mon, 09/17/2012 - 13:59 | 2804144 malikai
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O/T but um.. Brent just flash crashed almost $6. WTF happend?,,,,,,LOL what ever happened the algo plunge protection team is RIGHT on it.......
JPM Hater001
JPM Hater001's picture
Was it a chart anomoly or does any one know why today started with 10,000,000 trade volume at the outset on the DOW?
Hmmmm. Suspicious...almost imperceptable. Look at the daily chart right off the bat. You would almost miss it.
10,358,500 to be exact upper chart doesn't show it, this interactive chart does when ya mouse over the open. Cant post the chart but here is the link,
http://finance.yahoo.com/echarts?s=^DJI+Interactive#symbol=^dji;range=1d;compare=;indicator=volume;charttype=area;crosshair=on;ohlcvalues=0;logscale=off;source=undefined;
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.
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