Replies to post #669543 on Zeev's Turnips Patch-No Politics (ZEEV)

[zab]

Thanks Lee, thought it was just me, the machines can not think, they are just programmed to scalp pennies when they can, so we sit and watch out screens, and when the machines start taking away the pennies we all wonder what happened. Nothing happened, the machines are programmed to make money on pennie moves, the rest of us sit each day and wonder why it keeps happening.

Its not like this is a real maket anymore.

[postman]

Lee, when I pull up a 20 year weekly chart of the Nasdaq composite, the recent time period looks very similar to many other periods on the chart, with several moves that are longer, or steeper, or both. What do you see that makes this market unique?