The Bill Cara blog

I've been reading the Bill Cara web blog for a few weeks now after it was
mention in Barron's as being one of the best. I'm begining to have some
doubts after reading this from todays writings -

"Tell me, how many of you saw the phony close today? Probably started 20
minutes before the close in the S&P 500, then a couple minutes later got
into the Dow 30, then a couple minutes later got into the Russell Small Cap,
and then with 3 or 4 minutes to go in the session got into Nasdaq.
Somebody's computer program did this. Who did it? I don't know. Citigroup?
The 'Gold'man? JPM? The Saudi Prince? Dino Kos?

I really don't know, but I know something that these computers don't know. I
know that this is not a free market at work. It is being manipulated. "

Sound familiar?

http://www.billcara.com/archives/2006/05/ubiquitous_comp.html#more


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Relevant Pages

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