Oh Really?. I can tell you with 100% certainty that they were not algos. Algos were victims too. The responsible party was an animal. I affectionally call him Mokele Mbembe. All the other statements in your post are also factually incorrect, except that indeed the shorts were blown into pieces.
Indeed. You have said everything necessary already to accurately assess your market trading acumen, or lack thereof.
my points were made for ethical reasons re you. of course as a vendor to admit being on the wrong side of market direction is impossible. you repeatedly called for selloffs and we did nothing but rise and that's a fact.
has nothing to do with LC being a vendor, its manipulation by the banks for possibly a blow off top http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html just a wild guess..but instead of lending the trilions in printed money, the banks are trading it to become solvent again....pretty much the same way they went broke except this time the feds on board, biggest trading acct in the world
ammo i am not saying anything about the subject of mkt manipulation (of which i agree with), please. it's about heavily saying markets will drop and then simply ignoring the repeated remarks and rewriting history. you guys can have the last word..i'm busy with actual trading.
"manipulation" and "algos/bots" are the buzz words of these times. "It's the manipulation! Blame it on the algos!" lol