Thursday, July 24, 2008

Market condition

~ VIX ~ Markets are showing high volatility and whipsawing actions showing daytrading and gambling market condition.

Markets are increasingly showing whipsawing activities based on very short timeframe which is just ideal for daytrading type of markets.

Individual stocks are especially volatile, as noted going into the earning report month, during the earning report month as we are in now.


WALL STREET LAS VEGAS


CFTC Charges Optiver Holding BV with manipulation of Energy Market

There are many other types of market manipulations, not just hyping prices going into close and cash out.

As example, Collusion among big funds to move markets making 10% + in a few days for large caps and 100% + for small/micro caps.

Financial markets are increasingly becoming corrupted gambling place.

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