ICE, this is an on topic post because we talk so much about MMs and how they effect our prices with the SVMI stock.
Knight Capital (trading) NITE a MM has had their own supper secret quant computer trading blow up in their faces...
Their stock has dropped from 12 to 3.80 because their computer reversed what they should have done and did it at an alarming rate to the tune that this morning it is said Knight has lost 440 million dollars in trades.
The deeper I dig into the markets these days the more I like my overall plan...
"The Three G's..
Gold, Guns, and a Getaway Plan".
Did anyone else get a note from I-Hub about buying their service so we can catch the spikes in the market, like what happened yesterday...They thought this was a normal market spike...
Once again just the rantings of an eccentric old man....;-)
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