Zeev's Turnips Patch-No Politics (ZEEV)

[otraque]

CrossCurrents says the danger due to this massive intrusion of Program Trading is now beyond belief, it makes the pre-1987 crash program trading miniscule in comparison.
And the chilling thing these programs are totally mechanical.
Think about it, a ramp starts at say 2:22pm and runs to close and there is a better than 50/50chance NO human decision was involved.
And i have myself suspected these ramps and sell downs are linked to futures betting.
If it wasn't for these super computers and derivative related trading we could well be averaging no more than 500million shares a day traded on NASD as one example for this past August.
Market rallies hard across the board Tuesday, NDX itself hits RSI 9 on 60-mins, i said turn is nigh, and so it did,
But here's the rubbadub, was it human decision or an algorithm's decision?????
Is it real or Memorex???:)
Can civilization go onward and upwards on imaginary money in an imaginary market place, hmmmm, i wonder?(vbg)