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Something of a trend developing with the delayed China PMI action. I spewed up my position last month too early.... not this time...... :D
 
Gee there is some volume being done on the Seng today. Two very angry gentlemen going at each other!! :eek: :confused:


EDIT: Talk about manipulation! :cool:
 
Wow, some serious people have turned bullish...must have been the Tuna
 

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Wow, some serious people have turned bullish...must have been the Tuna

Yeah its a funny day. Nk just been sitting on a pile of bids all day - up 2.5%

Kospi been going down all day (after Samsung rolls over) down 1.25% on vol three days in a row.

Honkers looks to be caught in the middle.

wondering is thats where the extra vol is coming from. Some poor old index arb bot cannot make sense of it all and has become angry,

skynet1.jpg
 
There was 1100 contracts sitting at 900 on the NK. I thought it would have been a spoof for sure, then it got tested with a few and then completely destroyed...so much stuff from off market, big volumes. Not what i'm used to seeing at all.

CanOz
 
For all the monkeys who think insto's waste their time running bots on $200,000 stocks need to have a look at this,

HSI 02-13 (5 Min)  30_01_2013.jpg

HSI 02-13 (1 Min)  30_01_2013.jpg

$2,500,000,000 worth of business done in 40 min!!

:eek: :D
 
To add some meat, have a look at the bid stuffing and the sweeps to hit the stops.... Impressive!



I want one...... :cool:
 
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Reminds me of the DAX, seen some BIG sweeps in that before.

Wonder what the process is of actually implementing a bot is, from creating it to "turning it on" and trading with it, very curious to find out if anyone knows, lemme know :)
 
Reminds me of the DAX, seen some BIG sweeps in that before.

Wonder what the process is of actually implementing a bot is, from creating it to "turning it on" and trading with it, very curious to find out if anyone knows, lemme know :)

I imagine the very first stage would be to wine and dine the finance and technology professors of the top Ivy League colleges and tell them in no uncertain terms that it would be very worth their while to identify emerging talent as soon as it appears... wink wink.

When you have your man identified, rip him out of college, pay him a huge salary and get him developing algos for your fund before he realizes he could have made more working for himself!
 
When you have your man identified, rip him out of college, pay him a huge salary and get him developing algos for your fund before he realizes he could have made more working for himself!

These bots which trade 100s of mil in minutes are not the work of a person. They require teams and teams of teams, programmers, traders, risk managers etc. Thats why you can be sure they don't waste their time on the stocks that the punters are always complaining about. A team with an annual salary of millions cannot waste their time on $250,000 a day turnover.
 
Amazing how dependent the AUD and the Chinese markets are, even the K200...The NK on the other hand didn't blink and has been range bound all morning. As far as i can tell the only thing that's correlated at all to the NK is the Yen...Is there any other instrument that i should keep an eye on while focusing on the NK?

Cheers,


CanOz
 
Bit of a delayedd reaction?! Didn't the PMI came out at 12:15? Yet the move really only started at ~12:20.

Yeah. And it really messed me up. The ann was actually at 12:00, so before the open. i got knocked around in the first 15 min but when it got going it soon fixed me up. :)

T As far as i can tell the only thing that's correlated at all to the NK is the Yen...Is there any other instrument that i should keep an eye on while focusing on the NK?

Thats pretty much been a theme since "Abenomics" came in. Been just doing its own thing in La-La-land. It will come back in line after time.

Looks like all the fellas who got long decided to jump ship together

LOL, anyone that got long the first stop sweep woulda been out 1/2 a day latter. That volume this morn wasn't johnny come late punters - that was 'real police'

 
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Spanish shorters have been let out of their cages.
Gone straight for the banks.

 
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