Thursday, July 15, 2010

Market Manipulation on Display



From the Daily Paul...

http://www.youtube.com/wa...

The criminals use fast and sophistocated computer orders to place outrageously large "bids" to move the price, then pull the bids microseconds before they can execute.

In the real time video example, you can see that bids in excess of 2000 (compared to most bids of 10's or 100's) are placed and removed repeatedly. The normal bid numbers are dwarfed by these mega mover bids and the price changes accordingly.

Look at the total executions to the left of the scale to show proof that the large bids were never allowed to be completed.

Read More.

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