hey HFT scum, yeah, you. Watch this

Quote from stock777:

pay no attention to the shill.

fact is, crimes are committed and then when the heat gets too high they stop. then shills like tj claim nothing ever happened.
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If crimes have been committed why have there been no arrests? I think you have only copy/pasted one link from ZeroHedge of a single infraction - and ZH grossly misunderstood the context of the infraction.

Have anything else even semi-legit?
 
Quote from WinstonTJ:

If crimes have been committed why have there been no arrests?
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omg please dont use that as evidence of no crime committed. how long was madoff committing fraud? arrest came only when it exploded on him. sec was useless. sec IS useless.
 
Quote from Tsing Tao:

omg please dont use that as evidence of no crime committed. how long was madoff committing fraud? arrest came only when it exploded on him. sec was useless. sec IS useless.
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but when the SEC says that they are taking the Nanex papers "very seriously" that is valid evidence that a crime has been committed? You guys can't have it both ways.
 
yet more proof, as if it was needed that tj is a clown and a nitwit.

http://online.wsj.com/article/SB100...990102886132.html?mod=WSJ_hps_MIDDLEFifthNews

Clown-Master.jpg

tj doing the hft jig
 
todays flash crash of the day posted by ZH. again what a fucking farce this market is

Today's reverse engineered HFT algo strategy: if price drops more than x% in a millisecond, then enter order y% below bid, else pull all bids, especially when price is 90% below most recent NBBO posted a mere second earlier. Which is precisely what happened to Progress Energy (PGN), which dropped from $44 to $4 in less than second, but not in quantized fashion (i.e. fat finger), but in a gradual, than exponentially accelerating manner, as an algo took out all the bids. We can't wait for this week's 21st sequential outflow from equity funds: luckily investors are now all too aware that holding a stock, any stock, is dangerous to one's sanity, not to mention stop loss orders. And where the hell was the circuit breaker on this one? The market is and continues to be a miserable joke, especially courtesy of Nasdaq and the 160 trades in PGN that occurred at ridiculous, HFT-exaggerated prices. And of course, all those lucky fools who bought the stock at a 90% discount are about to be DKed, because it is Nasdaq's prerogative to protect its HFT paying clients, and not investors.
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PGN%20Chart.jpg


And here is the stepwise drop from $44 to $4, with no circuit breakers being activated. Total and absolutely farce.

PGN%20Crash.jpg
 
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