with the labor costs report giving the fed an excuse to kick the rate rise can,
the markets are set to rally nicely today.
re: Greece, do you feel, as gdl does, that the renewed concerns of Greek default won't affect US markets?
if so, what's your logic therein?
why would Greece not affect US markets this time, when it did the past few months?
re: bot trading, it's just a theory, but a pattern i see often:
strong vertical green 1-minute buy candles that slice through ask walls.
then, when the buying stops, a slow stair step sell-off, which i assume to be retail selling.
then another vertical green spike...
rinse repeat.
this pattern is very evident in the weds/thurs charts this week.
if not automated trading manipulation,
who do you feel is making those massive buys?
and why do they slice through building asks
rather than nibble gradually, allowing the ask to build,
so their net cost basis is lower overall?
why would anyone buy above the ask,
which i've also seen in those rallies?
it's an honest question.
you seem very confident in your opinion,
so i'm assuming you have a solid explanation for this near-daily pattern, yes?
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