Interesting how the markets have come off of post FED highs, and seemingly many haven t gotten the memo yet that the Gordian knot in place cannot be untangled by the rote systemic computer trading. Trading that continues to follow a prescribed time table without updating the changes that have occurred in between has in my humble opinion produced a strong recipe for disaster and a larger one at that. I doubt it will be the program traders that get hurt as most of the trades executed are hedged if not covered within seconds. Yes, I do mean seconds. Think about this – 40 years ago the average investor held a position for 8 years. In 2013 the HFT and algorithmic traders are holding a position for an average of 16 seconds – yes 16 seconds. If you want verification just follow the NYSE TICK as it swings from +1000 back to 0 and then to -500. Doesn’t take very long. Now imagine you have the ability to “blast” 1000 to 10,000 buy orders or sell orders a second and you h
http://www.indicatorwarehouse.com/96728/market-awareness-talks-gordian-knot-walks/
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