Algorithms gone mad!

Did you see that? Nobody cares about stocks….it’s all about currencies, specifically the euro. Indexes moved tick for tick with the euro…as did oil! WTF! Nothing logical…nothing technical…just watch the euro.

If you want to know more about the euro and sharing currency across borders, read this: Germany, Greece and Exiting the Eurozone

And why is it that short sellers are always blamed for “problems” in the market? Aren’t shorts needed for the other side of a long transaction? Don’t the shorts provide liquidity to the market? Are markets supposed to go only up and never down? Germany Planning Sharp Curbs On Some Kinds of Short Selling

We need a Rally Monkey!