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Snowy_Owl

10/26/12 6:48 PM

#6662 RE: Drano #6661

Drano, IHUB sent me an email saying I had a PM from you but nothing in my mailbox. Weird.
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comet52

10/27/12 4:02 PM

#6674 RE: Drano #6661

You guys don't get it. All these posts about "the shorts" - these are HFT algos, not people. There won't be a herd panicking, unless computers learn how to panic. The moves are programmed trading, not mustache-twirling bad guys and their henchmen.

fyi on this subject: http://www.priceactionlab.com/Blog/2012/06/hft-robot-flocking-is-the-emergent-new-order-in-the-markets/

"Nowadays, the difference between someone who understands the impact of HFT in trading and someone who relies on methodologies developed in the 1950s and 1960s, is like the difference between someone who is using Google to find a book and order it to have it next day and someone who instead chooses to take the bus and visit a library, only to find out that someone else has borrowed it for the next two weeks."
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shankapotamus

10/29/12 9:15 AM

#6686 RE: Drano #6661

You could be right about the shorts covering after earnings. They might be taking profits.