Markets can't be manipulated...unless

General discussion on movement in the markets, underlying causes/factors. Post an interesting article or commentary.

Independence Day: life jackets are old school!

Postby defio70 on Sat Jul 03, 2010 9:17 am

“This is Ben Bernanke here, get me Blankfein.”
“Yes, Ben. What can I do for you?”
“Lloyd. Good to hear from you. How's the family?”
“Nice Ben. Thanks for asking. We bought Sandy a new diamond-encrusted yacht for her seventh birthday.”
“That's great, Lloyd. But look, we have some serious issues here. The market wants to sell off and we just can't have that.
You know I've been feeding you 0.25% interest rates and letting you clean up on the carry trade...
And according to SEC documents you have total assets of $841 billion, quarterly revenue growth of 35.50%... Not to mention year-over-year earnings growth of an amazing 90.50% and a P/E of just 5.”
“Letting me, Henry?” scoffs Lloyd as he lights his Cohiba, reclines in his chair, and admires the amber reflection of Lady Liberty in his 21-year-old single malt.
“Yes, Lloyd, yes. We all know who is in charge.
But if you could do me a little favor today... It would be nice if you could hit your rally button just before the market closes.”
“Rally today? Not sure if it's good for me. My masseuse is coming in later.”
“Come on, Lloyd. All you have to do is start buying at 3:50. Look, tell your boys to go long and you can make a killing off the short squeeze.
You know, we can shaft those people who still believe it's a free market — like you did yesterday, when you put out that report saying Exxon would buy BP... Only this time, it would be bigger.”
Lloyd replies, with a hearty chuckle, “I liked that one myself, Ben. Exxon buying BP! That kills me.
OK. I'll hit the rally button, but you have to gut that financial regulation bill.”
“Done. Smoke and mirrors, Lloyd... Smoke and mirrors.”
Image

http://tinyurl.com/38hfe7s

Independence Day: life jackets are old school!
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Market Manipulation On Display

Postby defio70 on Mon Jul 05, 2010 5:39 pm

Rarely does it get this blatant..... this sort of crap goes on every day, but once in a while it's just "in your face."Tonight was one of those examples.
http://tinyurl.com/2bfv3eg


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we must be close to the end

Postby sowhat on Tue Jul 06, 2010 4:40 pm

Why continue to delay the inevitable?
http://tinyurl.com/36xtrut


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Markets can't be manipulated...unless

Postby sowhat on Thu Jul 08, 2010 4:25 pm

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guys in the 'fake world' living in their 'fake dreams'


http://tinyurl.com/3498zlt
http://tinyurl.com/2uy9xb7
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Re: Markets can't be manipulated...unless

Postby dlry on Thu Jul 22, 2010 6:36 pm

You're set up close to the action? interesting commentary.....the games people play..what happens the day the power is shut off?

BATS, algos, and quant quakes


Probably few investors know of BATS. No, not the flying mammals but the "Better-Alternative-Trading-Systems" trading platform. This largely unknown acronym in just 5 years has become the 3rd largest equity trading platform in the world, behind the NYSE and NASDAQ. BATS measures trade executions by microseconds, because even milliseconds are just too slow. With that kind of dizzying speed for competition it's no wonder the NYSE is building a 250 million dollar computer center out near an old quarry in New Jersey. At 400,000 square feet, it's the size of 10 football fields. Actually few people even know about the NYSE New Jersey data center either. While CNBC shows an antique open outcry floor for visual effect the reality is that 97% of all trading now goes through super computers like BATS and others in New Jersey. The NYSE naturally is leasing computer space in their New Jersey operation to cabal banks. NYSE's computer "real estate" prices are based on proximity to the NYSE's servers and routers. Every 1 foot closer to the NYSE computers gives you a billionth of a second advantage.

Algorithm traders, or "algos" as they're known, are in a high speed, high stakes computer arms race of scorched earth trading. Algos can be programmed to do nearly anything, and increasingly dominate equity and commodity trading. By 2011 it is estimated that 35% of all trades executed will be algorithm driven. Not surprisingly the top 5 providers of algorithm software to hedge funds and asset managers are Goldman Sachs, UBS, Credit Suisse, Bank of America and Investment Technology Group. It's easy to see therefore why gold and silver manipulation is becoming more intense. With the opening of BATS, and later in 2010 the NYSE computer facilities it will be vastly easier to manipulate on a minute-to-minute basis. The cabal no longer needs traders to show up at the Comex open to smash gold. Pre-programmed algorithms can sense buying pressure, and apply the commensurate amount of selling. Algos no doubt are increasingly managing markets for the Working Groups. The well-worn manipulation patterns of the gold charts have all the earmarks of algos. Programming 1% or 2% maximum daily gains in gold, along with algos for equity plunge protection are essential tools.

There's probably one good reason why the CFTC is doing nothing about gold and silver manipulation. They know it's too dangerous to interfere with HFT's and their algo systems. As you know the new financial regulation bill exempts gold and silver from limits on the cabal bank's commodity trading. You can't have the cabal unleash a "quant quake" in retribution. The upside to real gold owners is they can't program a computer to spit out the real stuff. The downside is like today when Bernanke says "stimulate", and the algos are ready and waiting for all Comex gold buyers.

I'm confident this high speed nuclear derivatives game will fail, and in spectacular fashion. Whether the failure happens in a microsecond, or merely a painfully slow millisecond is irrelevant. HFT's and algorithm trading may ultimately hasten the cabal's demise.

BATS trading site: http://batstrading.com/home/

NYSE data center article: http://tinyurl.com/mo9q8k


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Last edited by dlry on Wed Aug 18, 2010 7:55 pm, edited 2 times in total.
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Re: Markets can't be manipulated...unless

Postby dlry on Sat Jul 31, 2010 10:47 am

"It's Not A Market, It's An HFT 'Crop Circle' Crime Scene" - Further Evidence Of Quote Stuffing Manipulation By HFT

Recently we posted a required reading analysis by Nanex in which the market trading analytics firm presented irrefutable evidence of quote stuffing by HFT algorithms in tens of stocks, in which thousands of cancelled quotes would reappear each second with a definitive periodicity and regularity, around the time of the May 6 flash crash. Aside from the fact that it is illegal to indicate a quote without a trade intent, this form of quote stuffing is in fact manipulative when conducted by HFT repeaters in specific "shapes" as it actually moves the NBBO actively higher or lower, in cases pushing the bid/offer range up to 10% higher without even one trade ever having occurred, simply by masking a big block order which other algos interpret as bid interest and pull all offers progressively or step function higher (or vice versa, although we have rarely if ever seen the walking down of a stock over the past 18 months). It is as if the HFT lobby has been given the green light by the powers that be that it is safe to activate merely the bid-size quote stuffing algorithms, and not worry: the fact that the market is so one sided in its quote stuffing patterns is sufficient reason to worry of a concerted effort to push stocks higher, initiated from the very top, and effected by not only the Primary Dealer community but by the end-market "liquidity providers."



Well take a look at the millions in fake, and thus illegal, bids demonstrated below and tell us just how any of this manipulation is "providing liquidity" - the second the patterns break, the algos responsible for the churn pattern disappear, thus eliminating numerous levels of so called bid liquidity below the NBBO: break enough patterns and you have another flash crash as the market once again goes bidless.



http://tinyurl.com/26keq9t

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Markets can't be manipulated...unless

Postby defio70 on Tue Aug 17, 2010 11:45 am

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The Tradition Of Mindless Stock Ramping On Fed POMO Days Is Back
http://tinyurl.com/2bucxq9

Further evidence that there is but one ultimate buyer in these thin, manipulated US equity markets... we may be once removed from the actual buy ticket, but its our money. And we taxpayers are the ONLY thing between a meltdown in this market and a FED induced meltup.
Of course, strangely enough, we don't share in the profits on this trade... but what else is new?
http://tinyurl.com/2axespb
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Markets can't be manipulated...unless

Postby Entendance on Wed Aug 18, 2010 5:32 am

:shock: This is the forex market while my U.S. friends sleep: EUR/USD from 1.2820 to 1.29 in less than one hour...
1minute chart
:arrow: http://www.dailyfx.com/charts/netdaniac ... ol=EUR/USD
:(

...Hot Air or Real Threat?
News that Russia is going to deliver fuel to Iran seems very credible. That the US or Israel is about ready to attack Iran in preemptive action does not seem credible.
Neither the stock market nor the commodity market is acting as if anything is imminent...
:roll: :arrow: http://tinyurl.com/24xphgq


:o :arrow: http://tinyurl.com/296k9ue

REWARDS for FAILURE
:!: :!: :arrow: http://tinyurl.com/25p4ucc


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Re: Markets can't be manipulated...unless

Postby dlry on Wed Aug 18, 2010 7:55 pm

your an elitist?
:?:

With his newsletter this week, Ian Gordon of the Longwave Group (http://www.longwavegroup.com) concludes that surreptitious U.S. government intervention and manipulation have become pervasive in the stock market, economic data, and the price of gold and are making things so much worse than would have been the case if the markets had been allowed to purge their excesses naturally.

Gordon writes: "Nothing is real and honest in the U.S. economy and financial system; it is a chimera, built upon lies and manipulation conjured by the ruling elite." He credits GATA's work exposing the manipulation of the gold market.

Gordon's commentary is headlined "Lies, Manipulation, and Deception -- All for Naught" and share's it with you here:


http://www.gata.org/files/IanGordonsIns ... 6-2010.pdf



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Markets can't be manipulated...unless

Postby Entendance on Tue Aug 24, 2010 10:49 am

At the moment, PPT is willing to pump the €, well aware of gold surging in reaction of it...they will take care of gold very soon, lol
:o :arrow: http://www.dailyfx.com/


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