SP500 +22 pts, then up +25, down -18, then up +27. HFT (High frequency trading), cant beat them, cant join them, but you cant watch them![READMORE]
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The last several days..
+22 pts: ECB President Draghi - .."We will do every thing, and it will be enough"..
+25 pts: German President Merkel - Supports ECB statement
-10 pts: German Finance Minister - Schaeuble denies bond buying intentions
-18 pts: ECB Board - Leaves interest rate unchanged, Draghi looks stupid, where is 'everything'
+27 pts: US jobs adds 163,000 ONLY, says no recession yet.
Dave Fry of HFTAlert watches the HFT lads to see what is going on. Interest video.
- HFT selling on highs or buying on the lows
- Frequency of activity
See video here: http://www.youtube.com/embed/NzfmT4vGXZY
COMMENTS: HFT exits in 'Dodge City', and we need a Clint Eastwood (ak Josie Wales) to sort these bad lads out.