Only four trading days left to the end of the month... could one of those days be "the day" - I hope so? SP is holding up well, and I don't see SI12 getting his 2.5 tomorrow... might see a steady rise from here, on anticipation for Monday/Tuesday? GLA.
I actually like what he's doing (for the wrong reason) he is obviously full of it and posts unstubstaited rubbish but just shows the fear in everyone here. However much anyone knows or has researched this is 50/50 at best. Risk is massive but so is reward.
someone posted last week news before month end....cant remember who. Even showit12 said news within the week good or bad last Friday..is news imminent? Personally, feel next week following elections may be an appropriate time to satisfy everyone's individual needs. Let's see.
IMHO. The algo trading is mostly done by the hedge funds these days, as prop trading has largely been pushed out of the investments banks. Them and the market manipulators .... our very own central banks and the Federal Reserve
wrong, the smart guys have moved on..most of them. a while ago!
trading is now dominated by Algo's (generally, the winers) and PI's (generally, the losers)...
look at how many hedge funds are under performing and as a consequence suffering huge redemptions?? writing is clearly on the wall!
these guys are the last of the smart guys in the financial markets and now realise the markets are broken, they will continue to retire/move on..
the rest (jonnie come lately's in their 30"s still paying off the dobt for that worthless Finance Masters Degree) who still work for banks are at best, zombie regulators, risk managers and bean counters oh, and few lawyers to mitigate the regulatory risk.
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