blert
2009-07-02 17:23:52
The all too obvious government meddling in the financial markets…
The New York desk in conjunction with Government Sachs and JPMorgan are having a fine time ramping the Street.
Since GS is now trading an astonishing 20% of the NYSE action at its prop desk… volume isn’t quite all that real.
After throwing in the quant traders like Ren Tec…
True liquidity is a lot less than one might think.
Stirring the pot is not a sign of strong hands. Instead, such volume represents computerized front-running against institutional investors who are being clipped for nickels and dimes on an industrial scale.
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