SivBum

Goldman Sachs Now Dominating Dark Pools Trading

I thought I am the only one with the problem. It has become a loser's game for individual traders like us in lower volume stocks. Big boys have crushed us.


On Jun 08 10:33 PM User 184769 wrote:

> I day trade and our firm clears through Goldman an we use Rediplus
> (Goldmans Trading Platform). Goldman is always trying to push sigma
> and dark pool on us. They guarantee that we will see better executions,
> but a few of the guys in my office tried it and said they noticed
> no better fills and no savings. What I found the most interesting
> in this article is how Goldman is the biggest player in computerized
> trading. This is interesting because we used to make a lot of money
> sending out thousands of bids and offers a dollar or two away from
> the closing print in after hours trading. This edge has been destroyed
> by computerized trading that constantly front runs your orders by
> .01. When you send the orders and try to jump in front of the program
> by a penny, the program is right back in front of you within a fraction
> of a second. I then tried to send 99 share lot orders because the
> program doesnt work against odd lots. Goldman shut me off the next
> day and I had to attest that I would never do orders less than 100
> shares. Shady business.

A Rally of Historic Proportions

Seems to me the sum of them has worked to reverse the economic meltdown that began well before these actions taken:

" For government to disregard contract law, to force bond holders from the front of the lien line, for government to increase our debt 4 fold in just months, to forgo proven tehchologies and commit trillions to unproven technologies, to indebt every tax payer with deficits that will be untenable without major tax increases in the very near future ... "

On Jun 03 09:20 AM enigmaman wrote:

> I find it amazing how many people feel like they know enough about
> the future to bet on it, bet that things will go back to the old
> normal, GDP will be + before the end of the 3rd quarter, that companies
> will soon be profitable enough to justify recent gains, considering
> this is supposed to be the worst recession since the 29 crash you
> would think investors would look at that correlation especialy the
> way Obama is mirroring the FDR agenda. That being the case why not
> expect the same result, to do the same and expect a different outcome
> is insane, let history be your guide. Government unpresidented intervention
> into banking, auto, healthcare etc, government dictating what is
> reasonable pay for uppper management and now lower is counter the
> free market. For government to disregard contract law, to force bond
> holders from the front of the lien line, for government to increase
> our debt 4 fold in just months, to forgo proven tehchologies and
> commit trillions to unproven technologies, to indebt every tax payer
> with deficits that will be untenable without major tax increases
> in the very near future, to believe all these will not substantially
> impact our economy is mindboggling, if you think its all good then
> do as Obama has bet the farm, double down, go for broke. Nothing
> about our future will be the same as before, to bet on the unknown
> as so many are leads me to believe that history will repeat itself
> as it did during the great depression, reality will prevail

For the Bears: 1991 Nikkei Redux

Such parallel has been told by many and these charts confirm their fear. However, unlike Nikki, S&P had its own lost decade before the great Oct 2007 to Mar 2009 crash.

9 Predictions for 2009 Mid-Year Update

LOL! got them from 1-800-Horroscope ?

Here Comes Dow at 9,600, S&P 500 at 1,042

Apparently, up again this morning. The rally, bear or bull, is simply spectacular since Mar 9 low: as of yesterday's close:
sym June 1st <---> Peak(Oct-07) <---> Low(Mar-09) <---> YTD Change
dow 8729.4 <---> -38.37% <---> 34.92% <---> -0.53%
nas 1828.68 <---> -36.04% <---> 44.50% <---> 15.96%
spx 943.45 <---> -39.72% <---> 41.49% <---> 4.48%



On Jun 02 08:28 AM tunaman4u2 wrote:

> I dare you to buy at those levels, good luck :)

Sell in May? Not This Time

Mr. S,

1200% is 12 times! I can't think of any widely held stocks that has gone up 12X since Mar 4th, not any of the usual suspects like financials and materials. Care to drop some names?


On May 30 10:27 AM Mr.S wrote:

> I have been long since March 04/09. I went 100% long on that day
> and my portfolio is up a whopping 1200% to date. That is not a typo!!!
> I will stay the course until I see a breach of the 875 support on
> the S&amp;P 500 or until the end of June. I expect the market to
> sell off in the next few weeks. All the report that came out so far
> doesn't not support this upward move. I also know fighting the tape
> is very futile. So I will not short until I see a clear change in
> trend. For now, ride the train while it lasts!!!

Sell in May? Not This Time

Mr. S,

1200% is 12 times! I can't think of any widely held stocks that has gone up 12X since Mar 4th, not any of the usual suspects like financials and materials. Care to drop some names?


On May 30 10:27 AM Mr.S wrote:

> I have been long since March 04/09. I went 100% long on that day
> and my portfolio is up a whopping 1200% to date. That is not a typo!!!
> I will stay the course until I see a breach of the 875 support on
> the S&amp;P 500 or until the end of June. I expect the market to
> sell off in the next few weeks. All the report that came out so far
> doesn't not support this upward move. I also know fighting the tape
> is very futile. So I will not short until I see a clear change in
> trend. For now, ride the train while it lasts!!!

We're Entering Extreme Hazard Zone - Bring Your Crash Helmet

Hmn!

A lot of very angry pissed off bears who left nearly 40% on the table as of yesterday's closing bell:

sym Today <---> Peak(Oct-07) <---> Low(Mar-09) <---> YTD Change
dow 8403.8 <---> -40.67% <---> 29.89% <---> -4.24%
nas 1751.79 <---> -38.73% <---> 38.42% <---> 11.08%
spx 906.83 <---> -42.06% <---> 36.00% <---> 0.42%

PPIP Starting to Die on the Vine

Change in Mark to Market to Mark to Maturity has done PPIP in.

Why Consumer Confidence Is Not a True Indicator

On the other hand, 85% of the population are working, drawing a decent income. Now that banking crisis is over, they refinanced their mortgages to lower payments, $400 extra money from payroll tax reduction to pay for cheaper gasoline. Seems to be good reasons for them to feel good....now for the 15% underemployed, times sucks.

GM Leaving the Dow (Soon): Likely Replacements

F is good and not a bad idea to bring back X.

Will Falling Shoes Squash Green Shoots?

They ought to arrest Paulson and bring him back before Congress to explain why he gave away TARP money without a string.

Hewlett-Packard: Is Diversification Strategy Really Working?

Imaging has always been a cash cow for hp since the 80's. PC has been margin drag with or without acquisition of Compaq in 2002. Services used to be the high margin sector, but no more with EDS dilution. Too bad Hurd did not choose his acquisition based on innovations but on cost synergy.

HP's Early Earnings Release Caused Tuesday's Dip in the Markets

Thank you! Good find.

Agilent Technologies Inc. F2Q09 (Qtr End 04/30/09) Earnings Call Transcript

Isn't it once the proud main root of Hewlett Packard?