Friday, May 7, 2010
- How HF Trading Caused The Selloff
The truth - I have firsthand knowledge that HF trading apps were responsible for bringing the markets back from the bottom. But with the politicians bloviating (never waste a crisis) and the lemmings all demanding someone's head, I think I'll just stick with blaming the colonel and his wee beady eyes.
I really need to stay away from the internet today or I'll get too upset at how little people actually understand about how markets work.
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