"We risk becoming the best informed society that has ever died of ignorance"
- Rubén Blades

"You can't make up anything anymore. The world itself is a satire. All you're doing is recording it"
- Art Buchwald

"It's getting exciting now, two and one-half. Think of everything we've accomplished, man. Out these windows, we will view the collapse of financial history. One step closer to economic equilibrium"
- Tyler Durden

"It is your corrupt we claim. It is your evil that will be sought by us. With every breath, we shall hunt them down."
- Boondock Saints

Tuesday, July 12, 2011

Brown Forman HFT

ZeroHedge just reported an hour ago about the Brown Forman algo attack.  Again NANEX provided the data.  What happened in a mere 6 seconds is laid out in detail and I added a graph that gets as granular as it can so you can put all this into perspective and how the the everyday Joe Six-pack speculator, in the middle of America, sitting in his farm house on PC, has no chance.

TD Ameritrade