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SirJames
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Computer Cowboys Wrestle with Volatile Commodities and Currencies

- Gary Dorsch - SirChartsAlot

You know folks, I have been on this site long enough so that I feel like I almost know some of you.

What I can't figure out is why so many of you are still in the game. Call me old school, but there was a time, not so long ago, that is you caught someone with an extra ace in their sleeve, we would either simply leave, or leave with a piece of the guys arm, or worse.

If more than one player was fixin' a game, again, walk away, or kick over the table and dance a little bit...you'd have lots of company.

Whichever way things went, we had better sense than to leave chips on the table. Bad game - our money walked and we followed - peacefully, or most likely, otherwise. We sure as hell never sat and discussed the finer points of the con when we were on the receiving end, unless we were holding some guy's head under water a little while at a time. There are a lot of guys like that buried in the desert outside Vegas, and as Debbie Reynolds said, nobody ever got whacked in Vegas who didn't deserve it.

The consensus is that all markets and rates are rigged. Fine - then it's not a game anymore; it's not competition; it's not a pleasure; it's time to be someplace else. And it might be time to bust the place up a little before leaving.

All this "tut-tutting" while staying at the table is beyond me. Isn't it time to do something about this crap, other than beg the other side to play nice. That never worked before - did something change while I wasn't looking?

Commented 4296 days ago

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Beginning of the headline : For most of Wall Street's history, trading in equities was fairly straightforward: buyers and sellers gathered on exchange floors and haggled until they struck a deal.Computerized trading of stocks didn't arrive onto the Wall Street scene until the 1980's.Computer guided "Program trading," - defined by the NYSE as an order to buy or sell 15-stocks or more, valued at over $1-million total, was blamed for the "Black Monday" Crash of October 1987... Read More

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