Friday, 10 August 2012

12pm update - a dull Friday

The declines remain mere noise.  The only entertainment so far today is watching 'them' keep a floor of $14 for MANU which was listed today.

VIX remains a touch red, but is showing inclination to go green again.


MANU, 1min

You can see the action of the algo-bot with the 'infinate buy @ $14' order. Its to be expected in this rigged market.  Regardless, it will be highly amusing to see this unwanted piece of junk trade under $10 within 3-5 weeks.


Slow motion market churn. What else can be said about it?

Time for lunch