US credit downgraded

[Denny]

Yeah, but they are in and out within a matter of minutes. Unless I missed something in the video I would think the price would go back to the same.

No, it triggers algorithms that make other computers trade a certain way, thus loading up the volume and influencing the prices. Watch some prices jumps and dips, then check the MACDs during that time.

[KBScobravert]

bro, he has birthday festivities to tend to

A HIP HOP BBQ to be exact. I have to say, if I was POTUS and failing at every turn there would be no F'ing party. Hell I turned 35 the other day and it was business as usual.

[347Mike]

several thousand trades @ several thousand shares a piece in just a moment.

Yeah, but they are in and out within a matter of minutes. Unless I missed something in the video I would think the price would go back to the same.

[SMKR]

Has anyone else noticed that Obama STILL hasn't made any statement yet?

bro, he has birthday festivities to tend to

[Denny]

several thousand trades @ several thousand shares a piece in just a moment.

[347Mike]

I guess I should have watched the first video before posting earlier. I just finished watching the one Denny posted and by the original post I quoted I was under the impression he was referring to day traders.

Regarding the video: I don't understand (maybe someone can chime in) how the HFT affect the market. If they are trading at a much higher frequency than day traders and their main goal is a few pennies than there isn't much impact. Or maybe I am missing it.

If they get in and out so quick wouldn't that technically keep or put the price right back where it was before the trades?

[Gargamel]

Hobie, you are addressing all the right issues and asking all the right questions, but it is too late. Spend the time figuring out how to sustain through all of this instead of how to fix the country because you are in the vast minority.

x2

I think we've passed the point of "easy fixes".
It's gonna get nasty.... and probably soon....

[sig239]

A tax cut is not government spending. Obama promised to end the wars and has not done so yet so any spending on them after he took office is his spending.

end them, Now hes in a third now.

[sig239]

*snicker*

OK, I busted out LMAO!

[Denny]

Israel protests growing... Syria had a bloodbath today. So many dead, they're just laying all over the streets... Fires are just now being started in the middle of London.

[Denny]

Has anyone else noticed that Obama STILL hasn't made any statement yet?

[Denny]

This one is better. It's just the portion of that episode with the HFT

[Denny]

60 Minutes on CBS October 10th, 2010

[Hobie]

You beat my edit - I was trying to add some punctuation to make my post more clear, lol.

No, you're exactly right. Hold on, guys. I'll go find that vid too.

[Denny]

I don't have a real good grasp on it yet. It seems debated, but some have attributed the flash crash to it. I don't have the knowledge to form an educated opinion one way or the other.

Just for conversation's sake, assuming HFT could cause those sorts of things, I would feel "robbed" if I lost a healthy percentage due to someone elses manipulation as my shares were sold off due to a stop-loss order then moments later the lost value is restored.

Seems like a pretty big deal and it was barely a blip in the news when it happened.

No, you're exactly right. Hold on, guys. I'll go find that vid too.