Tuesday, May 11, 2010

Feels Like Bots Trading

There is no real demand, it is a bunch of bots going to war here.  They see that its a gap down, and the bots put in the buy orders, and they see an opening range breakout to the upside and they pile in again.  Investors have lost confidence and see this market for what it is, a ponzi scheme.  When the suckers don't play, it is bot vs. bot.  The sheep have been taken to the cleaners.  There are none left. 

2 comments:

jryan said...

Nicely stated.

Anonymous said...

Bots take us to new highs imho