“My message to the scumbag LP banks who pretend to make markets!”
We just had a 3 day Holiday, and this is the best markets can do? … good
grief, what a bucket of slop … and since there is zero volumes & liquidity, the
scumbag LP’s turn their immediate attention to widening the bid/offer spread
by the usual 100% … just another “glitch”, as Turnkey would say if you
asked them … “duh, market conditions, duh” … wait, wut?
And so, we start the NYSE day with what is becoming the usual horseshit of
crap trading conditions in the SP500 CFD, for no reason other than pure
greed, and quite frankly I’ve about reached my limit with these assclowns.
Make an honest market or go home! Now, after an hour of zip, zilch, zero, &
nada, they’ve finally gotten back to normal spreads … my question is simple:
“why the hell does this happen, and why aren’t you fixing it”?
So another rape & pillage job on the open for the Chipmunks … and then
reality set in … cuz the news over the long weekend just gets worse, worser,
& worser-er … no problem, just buy MOAR!
No markets really moving today, not unusual for the day after extended
weekends … oil pretty much dead, gold dead as usual, and FX its usual mess.
It’s hard to see the catalyst for an up move in stocks, while the downside is in
play in spades below 2800 … it should be clear to all the efforts and extent of
the manipulation to keep the SP500 above 2800, cuz IMHO they are pulling
out all the stops to prop stocks up … what happens when they can’t?
We had a better trading conditions yesterday when the market was closed
… seriously, it traded better … today is simply pathetic … a little up, a little
down, not really going anywhere … another day well below the 20 Day
Range MA in the SP500, where volumes & liquidity lately have been moving
lower.
The daily candlestick looking very much today like it’s going to put in a
“doji” formation … dunno yet, but I don’t find that particularly positive. In
a nutshell, this market isn’t acting very well at the moment, and outside very
brief spurts near the open, there really isn’t much buying interest, or interest
in chasing price higher … in other words, it sucks.
Falling under the category of “what is it I exactly do here?”, I’m left
wondering just what has happened to markets in general as I sit with zilch
algorithm buy signals again today … this is frustrating, but on the other
hand there isn’t shit going on anywhere else, so what does it matter? No
other market is moving anywhere, and even oil is stuck in mud today … so,
there is no comfort in other markets cuz they have better trading conditions
… all we can do is wait it out.
Onto tomorrow … until then mi amigos … Onward & Upward!!
Have a great day everybody!
-vegas
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