Trader on Bloomberg says markets are manipulated and volumes 'ficticious'.

[Demeter]

Run time: 04:57 https://www.youtube.com/watch?v=V4cRYI2x60Q   Posted on YouTube: July 06, 2009 By YouTube Member: Views on YouTube: 0   Posted on DU: September 04, 2009 By DU Member: Demeter Views on DU: 645

 
What puts the Gold in Goldman Sachs? HFT!

[earth mom]

1. Why did they cut him off when he was explaining what was happening?!

:argh:

[Demeter]

3. You Can Get More Info at the Stock Market Watch Thread

every weekday in the LBN forum. Or the Weekend Economists in Editorials on Friday-Sunday

[earth mom]

4. Thank you-I'll check it out!

:hi:

[intheflow]

2. I've been saying this since I was born.

Seriously! My family loves to tell the story at family gatherings about how, at age 3, I pronounced banks completely untrustworthy, and how by age 8 I was talking about how stupid the stock market was. My Republican parents howled with laughter. All the way until this year when my mother (only surviving parent) lost 40% of her retirement income. :(

BTW, I have no idea where these thoughts came from at such an early age. No one in my family is an economist, least of all me. No one talked about banking or stocks, ever. I think I must have been reincarnated from a stockbroker or investor who lost big in the 1929 crash, or someone who lost everything when their bank closed during the depression. :shrug: