Scalpulator's Comments RSS Syndication from SeekingAlpha.com http://seekingalpha.comuser/319433/comments http://seekingalpha.com/article/154320/comments?source=feed#comment-626058 626058 Wed, 12 Aug 2009 00:39:18 -0400 http://seekingalpha.com/article/152186/comments?source=feed#comment-607429 607429
1) Flash order flow is minuscule in comparison to daily order flow.

2) Goldman and friend's dark pools are much more of an information source than any flash execution reveals.

Now, the heart of the matter imo is that flashing is pickpocketing the good ol boy's club ability to remain stealthy in their market manipulations (hidden/pegged orders, dark pools). You and I do not have the lobbyists to launch any offensive to HFT so who is to benefit here? GS and friends of course.

Now to get talking about the $20B/year due to HFT and what net public benefit was realized? Different story...]]> Wed, 29 Jul 2009 22:09:08 -0400
1) Flash order flow is minuscule in comparison to daily order flow.

2) Goldman and friend's dark pools are much more of an information source than any flash execution reveals.

Now, the heart of the matter imo is that flashing is pickpocketing the good ol boy's club ability to remain stealthy in their market manipulations (hidden/pegged orders, dark pools). You and I do not have the lobbyists to launch any offensive to HFT so who is to benefit here? GS and friends of course.

Now to get talking about the $20B/year due to HFT and what net public benefit was realized? Different story...]]> http://seekingalpha.com/article/152234/comments?source=feed#comment-607417 607417
If there is any single threat to the concept of fair price it is the fact that there institutions of vast wealth being force fed fiat liquidity at below market prices at the taxpayers expense. Fed and Government's manufacturing of low rates translate directly into risk taking behavior.

Want to remove excess speculation? Increase rates, reserve ratios for banks and peg the dollar to precious metals.

Back to basics]]> Wed, 29 Jul 2009 21:53:34 -0400
If there is any single threat to the concept of fair price it is the fact that there institutions of vast wealth being force fed fiat liquidity at below market prices at the taxpayers expense. Fed and Government's manufacturing of low rates translate directly into risk taking behavior.

Want to remove excess speculation? Increase rates, reserve ratios for banks and peg the dollar to precious metals.

Back to basics]]> http://seekingalpha.com/article/149209/comments?source=feed#comment-592672 592672 Fri, 17 Jul 2009 21:22:26 -0400 http://seekingalpha.com/article/133239/comments?source=feed#comment-585519 585519 Mon, 13 Jul 2009 09:14:14 -0400 http://seekingalpha.com/article/148261/comments?source=feed#comment-585136 585136
It is true that HF traders will increase microvolatility however this is typically unbiased in direction and has little if any negative effect on retail buyers of smaller size. I am not convinced that the above linked article by Arnuk even makes a strong case that there is any cost passed on to retail traders due to HF trading. Keep in mind the old NYSE specialists routinely front-ran order flow and had quite a generous timeframe to fill orders. A collection of independent liquidity providers is far preferable from a market efficiency and fairness point of view.

The true reason that HF trading pisses off GS and JPM is that these new boys are taking liquidity rebates away from the old boys market maker club. Exercise some healthy skepticism before pointing fingers at the HF traders please.]]> Sun, 12 Jul 2009 22:43:55 -0400
It is true that HF traders will increase microvolatility however this is typically unbiased in direction and has little if any negative effect on retail buyers of smaller size. I am not convinced that the above linked article by Arnuk even makes a strong case that there is any cost passed on to retail traders due to HF trading. Keep in mind the old NYSE specialists routinely front-ran order flow and had quite a generous timeframe to fill orders. A collection of independent liquidity providers is far preferable from a market efficiency and fairness point of view.

The true reason that HF trading pisses off GS and JPM is that these new boys are taking liquidity rebates away from the old boys market maker club. Exercise some healthy skepticism before pointing fingers at the HF traders please.]]> http://seekingalpha.com/article/113874/comments?source=feed#comment-351429 351429
Ponzi style economy yes and you're saying go against the inevitable collapse and buy what? You've already beaten us to it!]]> Fri, 09 Jan 2009 23:39:40 -0500
Ponzi style economy yes and you're saying go against the inevitable collapse and buy what? You've already beaten us to it!]]> http://seekingalpha.com/article/112794/comments?source=feed#comment-342367 342367
Fiat currencies and their controllers are in direct psychological warfare with the perceived value of gold. Anything that questions the value of their fiat currency is a direct threat to their ability to deeply manipulate the cost and wealth structure. Who would trust these statistics? Perhaps you might 'guess' price gold in terms of M3?

]]> Wed, 31 Dec 2008 09:23:17 -0500
Fiat currencies and their controllers are in direct psychological warfare with the perceived value of gold. Anything that questions the value of their fiat currency is a direct threat to their ability to deeply manipulate the cost and wealth structure. Who would trust these statistics? Perhaps you might 'guess' price gold in terms of M3?

]]> http://seekingalpha.com/article/112675/comments?source=feed#comment-342124 342124
Yes we are headed into the economic toilet and if we had not voilated the consitution and created fiat currency neither this nor any 'remedies' would need consideration. The fed and our government as a whole is a wealth draining entity and must be eliminated from all markets entirely.]]> Tue, 30 Dec 2008 23:29:59 -0500
Yes we are headed into the economic toilet and if we had not voilated the consitution and created fiat currency neither this nor any 'remedies' would need consideration. The fed and our government as a whole is a wealth draining entity and must be eliminated from all markets entirely.]]> http://seekingalpha.com/article/112496/comments?source=feed#comment-341025 341025 Mon, 29 Dec 2008 23:13:36 -0500 http://seekingalpha.com/article/112309/comments?source=feed#comment-340085 340085
BTW: is it just me or are there some curiously short and ill thought out responses bashing gold and defending heli-ben? Is the noise-machine perhaps lurking in here?]]> Sun, 28 Dec 2008 22:42:08 -0500
BTW: is it just me or are there some curiously short and ill thought out responses bashing gold and defending heli-ben? Is the noise-machine perhaps lurking in here?]]> http://seekingalpha.com/article/111020/comments?source=feed#comment-331583 331583
This is the start of either the new world order or massive depression or both. But not until the fed has spent all our tax money making bets for us.]]> Tue, 16 Dec 2008 22:44:13 -0500
This is the start of either the new world order or massive depression or both. But not until the fed has spent all our tax money making bets for us.]]> http://seekingalpha.com/article/110954/comments?source=feed#comment-330781 330781
BTW: It is a known and growing trick to trade against him the day after his advice.
]]> Tue, 16 Dec 2008 08:46:35 -0500
BTW: It is a known and growing trick to trade against him the day after his advice.
]]> http://seekingalpha.com/article/110736/comments?source=feed#comment-329722 329722
Remember these boys at the fed are experts at behavioral finance and propaganda. It would be a mistake to think that their public comments reflect their true views in any way. Why else have they denied recent freedom of information requests?
]]> Mon, 15 Dec 2008 08:38:21 -0500
Remember these boys at the fed are experts at behavioral finance and propaganda. It would be a mistake to think that their public comments reflect their true views in any way. Why else have they denied recent freedom of information requests?
]]> http://seekingalpha.com/article/110615/comments?source=feed#comment-329327 329327 Sun, 14 Dec 2008 16:53:15 -0500 http://seekingalpha.com/article/110634/comments?source=feed#comment-329325 329325 Sun, 14 Dec 2008 16:49:26 -0500 http://seekingalpha.com/article/110636/comments?source=feed#comment-329315 329315 Sun, 14 Dec 2008 16:36:19 -0500 http://seekingalpha.com/article/110613/comments?source=feed#comment-329307 329307
The fed is desperate and the propaganda machine is turned up full blast. Please fasten seatbelts.]]> Sun, 14 Dec 2008 16:28:51 -0500
The fed is desperate and the propaganda machine is turned up full blast. Please fasten seatbelts.]]>