Lofty and complacent.
The wash cycle is almost done.
I think one of the reasons that the Street is defending High Frequency Trading so vehemently is because without it they would be embarrassed at the genuine volumes on the exchanges.
People, from the outside in, are beginning to lose their confidence in US equities and most likely the financial system. Wow, how could that have happened.
Non-Farm Payrolls on Friday. The frauds will continue until confidence returns.
Have a pleasant evening.
Â
Â
Â