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Is this price action nauseating, or what?

  #16 (permalink)

Philly, Pa
Trading Experience: Master
Platform: NinjaTrader
Favorite Futures: ES, ZB
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syxforex View Post
At this point in time it may be more befitting to refer to the Bernank Put as the Bernank Experiment. This is an act of desperation by the Fed to create growth at any cost. Goldman is still forecasting SP at 1200 by end of year/early next year.

As for the nature of the HFT. About a year and a half ago when it started taking over the crude market I began to notice that ever month or two the nature of the volatility would morph into something I had never seen before. And it has continued on this way. Just as soon as you get used to one playbook, it changes. I have learned to expect anything and to be very flexible in my trading.

Goldman's obviously stuck short, in a big way, if they keep insisting the market is no good...

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