"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

Friday, July 8, 2011

Say Hello To My Little Friend (UPDATE)

This started as an original post but for the time being it will be used it to collect HFT observations and create a section for it, similar to Silver Corner (Which will be organized and updated with the next couple week).   

The stocks have been hit again by the same algo that NANEX posted about back in September of 2010.  I have posted 12 of the 16, I'll let you check the others.  Here is the list of charts from NANEX:

(ADM, AXP, CVX, HD, HPQ, JNJ, JPM, MMM, MS, PG, UN, UNH, USB, WMB, XTO)

July 11 2011 (Update)  We can add McDonald's to this list.  Note the volume on the stocks at the end of the day. (Chart Below).  Whatever program you use, make the time measurement as granular as possible and take it out over a 4 or 5 days and see for yourself that this is a fresh attack.  ADM specifically was hit at the close on Thursday and ran up all day Friday

All of the stocks listed here have been attacked pre-market during the jobs release and at the close.  Expect this to happen again, and again, and again.....

I'll keep you updated but in the mean time keep checking here for any releases

The New Guy - McDonald's
ADM BLOWN UP


GROUP A

GROUP B

GROUP C
Posted by Paul Revere at 7/08/2011 11:20:00 PM