RealMoneyIssues' Account Talk

RMI,

I always find this fascination about 'The Flash Crash' weird. It mattered for a few minutes, then it didn't...
 

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RMI,

I always find this fascination about 'The Flash Crash' weird. It mattered for a few minutes, then it didn't...

It didn't, interesting. I wonder how much money "they" made on the backs of those poor slobs (aka us) panic selling. There seemed to be a lot of wealth transfer in just a few minutes. I am by no means a math wizard, but I find it hard to believe that it was something that no longer matters. But I guess it depends on your perspective.
 
It didn't, interesting. I wonder how much money "they" made on the backs of those poor slobs (aka us) panic selling. There seemed to be a lot of wealth transfer in just a few minutes. I am by no means a math wizard, but I find it hard to believe that it was something that no longer matters. But I guess it depends on your perspective.

Did any of us actually watch it happening? Remember, the charts that we can watch (while at work:p) are delayed 20 minutes.

The actual issue seems to be - who lost the money? The people who made money aren't really a problem - who lost it? Why don't we know who were the losers. Whose trading systems unloaded stock in large amounts that stupidly. I really don't want to do business with them. Did they lose my money? No. I didn't request a trade. I was fifteen minutes late to that party. But, if my bank or brokerage collapses because of a side trade than it may affect or inconvenience me.

Jamie Diamond, your Quant is calling, Jamie Diamond your Quant is calling. Please use the white phone

Jon Corzine, your Quant is calling, Jon Corzine your Quant is calling. Please use the white phone
 
Just in case anyone missed it because it got buried in a lot of my other... comments :D

RMI's OCD Chart:

[TABLE="class: grid, width: 1100"]
[TR]
[TD].
Trading
Date[/TD]
[TD]Top 5
In
Stocks
[/TD]
[TD]Top
10 In
Stocks
[/TD]
[TD].
Season
-ality
[/TD]
[TD]Long-
Short
Timing
[/TD]
[TD].
10 Mon
M-SMA
[/TD]
[TD].
LMBF
Method
[/TD]
[TD].
.
Uptrend
[/TD]
[TD].
Seven
Sentinels
[/TD]
[TD].
.
Sniper[/TD]
[TD]TSP
Talk
SS
[/TD]
[TD].
TSP
Wealth
[/TD]
[TD].
The Fed
Trader
[/TD]
[TD]Non-TSP
Buy/Sell
Model
[/TD]
[TD]Non-TSP
CCI
Model
[/TD]
[TD]In a
Perfect
World[/TD]
[/TR]
[TR]
[TD]Term[/TD]
[TD]n/a[/TD]
[TD]n/a[/TD]
[TD]Short[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Medium[/TD]
[TD]Medium[/TD]
[TD]Medium[/TD]
[TD]Medium[/TD]
[TD]Medium[/TD]
[TD]Medium[/TD]
[TD]Short[/TD]
[TD]Short[/TD]
[TD]n/a[/TD]
[/TR]
[TR]
[TD]11-Mar[/TD]
[TD]100%[/TD]
[TD]100%[/TD]
[TD]59%[/TD]
[TD]Long[/TD]
[TD]Safe-782[/TD]
[TD]Long-174[/TD]
[TD]Safe-863[/TD]
[TD]Safe-870[/TD]
[TD]Long-213[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Short[/TD]
[TD]Short[/TD]
[TD]Long[/TD]
[/TR]
[TR]
[TD]12-Mar[/TD]
[TD]100%[/TD]
[TD]100%[/TD]
[TD]50%[/TD]
[TD]Long[/TD]
[TD]Safe-783[/TD]
[TD]Long-167[/TD]
[TD]Safe-867[/TD]
[TD]Safe-874[/TD]
[TD]Long-187[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Hold_Short[/TD]
[TD]Hold_Short[/TD]
[TD]Long[/TD]
[/TR]
[TR]
[TD]13-Mar[/TD]
[TD]100%[/TD]
[TD]100%[/TD]
[TD]63%[/TD]
[TD]Long[/TD]
[TD]Safe-786[/TD]
[TD]Long-174[/TD]
[TD]Safe-866[/TD]
[TD]Safe-874[/TD]
[TD]Long-188[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Hold_Short[/TD]
[TD]Hold_Short[/TD]
[TD]Long[/TD]
[/TR]
[TR]
[TD]14-Mar[/TD]
[TD]100%[/TD]
[TD]100%[/TD]
[TD]44%[/TD]
[TD]Long[/TD]
[TD]Safe-789[/TD]
[TD]Long-172[/TD]
[TD]Safe-867[/TD]
[TD]Safe-876[/TD]
[TD]Long-220[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Short[/TD]
[TD]Hold_Short[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]15-Mar[/TD]
[TD]100%
[/TD]
[TD]100%[/TD]
[TD]67%[/TD]
[TD]Long[/TD]
[TD]Safe-787[/TD]
[TD]Long-167[/TD]
[TD]Safe-881[/TD]
[TD]Safe-886[/TD]
[TD]Long-210[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Hold_Short[/TD]
[TD]Hold_Short[/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]18-Mar
[/TD]
[TD]100%[/TD]
[TD]100%[/TD]
[TD]63%[/TD]
[TD]Long[/TD]
[TD]Safe-790[/TD]
[TD]Long-176[/TD]
[TD]Safe-883[/TD]
[TD]Safe-889[/TD]
[TD]Long-173[/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD]Hold_Short[/TD]
[TD]Hold_Short[/TD]
[TD][/TD]
[/TR]
[TR]
[TD]19-Mar[/TD]
[TD] [/TD]
[TD] [/TD]
[TD]48%[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD]
[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]20-Mar[/TD]
[TD] [/TD]
[TD] [/TD]
[TD]50%[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]21-Mar[/TD]
[TD] [/TD]
[TD] [/TD]
[TD]44%[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[TR]
[TD]22-Mar[/TD]
[TD] [/TD]
[TD] [/TD]
[TD]46%[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[TD]Buy[/TD]
[TD]Long[/TD]
[TD]Long[/TD]
[TD] [/TD]
[TD] [/TD]
[TD] [/TD]
[/TR]
[/TABLE]

Still, not a lot of time to discuss because life, like the markets, has gotten away from me.

As usual, Only Time Will Tell what the markets have in store for us.

Good Luck and God Bless!!

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http://www.mint.com
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Wow...I was JUST ABOUT to ask you if you were going to post your summary for Monday!!
Still looks very bullish overall. Do you think this is a contrarian indicator? Of course it was bullish all last week too....:suspicious:
 
Well, I gave up...

Got a few dollars in the F fund over the last few days, and now I went 100% S fund. I am sure BT will tell me "about time" but I am tired of fighting the Fed. Big Ben has too much cash (that he prints)...

Have a great week, see you on Friday (maybe).
 
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