[FoRK] Stock manipulation too cool for kindergarten

Rob Harley robert.harley at gmail.com
Sat Jul 31 20:33:57 PDT 2010

>So the computers are in such complete and total dominance of stock
>prices, they appear to have gotten bored and started drawing pictures
>with the bid/ask like a 2 year old with a Spirograph. Profoundly
>illegal, but not new.
>http://www.zerohedge[...] <http://www.zerohedge.com/article/its-not-market-its-hft-crop-circle-crime-scene-further-evidence-quote-stuffing-manipulation->

Heads up: Zerohedge is such clueless garbage that linking to it nukes
any cred you might have had (not that you had any).

Algos as dumb as those illustrated quickly get traded ahead of by
not-so-dumb ones.
Dumb ones can persist nevertheless due to the "two" in
"two-and-twenty", for while anyway.

- RH

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