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Posts Tagged ‘is the market rigged’

How Long Can Uncle Sam Rig the Game?

Posted by Larry Doyle on May 13th, 2010 5:32 PM |

Is the market rigged?

Actually, the question of whether our markets are rigged or not is becoming less and less a question and more widely accepted as fact. This reality is evidenced by the totally incredulous evidence that four major banks on Wall Street had perfect (not one negative trading day) first quarters.

Some may think this is good for our economy. I am not one of them. Why? (more…)

May 6, 2010 Trading Was Crony Capitalism!!

Posted by Larry Doyle on May 7th, 2010 9:27 AM |

While the market is working to digest the better than expected Unemployment Report this morning, put the pom-poms away please. No, I am not negative on the report, I am calling bulls%*# on a crony capitalist system that allows for so-called market exchanges to develop and function as they did yesterday.

Fat finger (meaning a trade size was incorrectly entered)? I do not buy it. I think yesterday was nothing more than so-called liquidity providers engaging in high frequency trading, and taking investors to the hoop in a HUGE way. How so? (more…)






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