High-Frequency Traders Lobby, Donate to Head Off U.S. Rules http://www.bloomberg.com/news/2010-...lobbying-donations-to-head-off-u-s-rules.html
I have to ask, from what perspective are you speaking from, because your comment sheds so much light on the inner workings and thought process and support for algo shops than a normal person would ever espouse.
I agree. And the constant upward drift and buying into every moderate pullback seems to be an algo phenomenon (supported by Fed POMO and now QE again). The bulls who cry foul over HFT may regret it.
Learning to trade, but still in school. Just an Econ major with a good bit of math and statistics work. I have no vested interest in keeping algo's alive. Merely an observation.