Tuesday, June 16, 2009

SPYDER STUFF

If you notice the powers that be (JP/Goose/Moose) are trying their best Under Armor (We Must Protect This House!) impression by supporting SPY at these levels.




If you ask why are you picking on JP/GS/MS? Very Easy.... as they are the biggest players in the IOI market as well as huge participants in NYSE Program Trading, they can always push and move...bob and weave...float like a butterfly these ETF's around the entire day.
POSTED BY JayTrader AT 6/16/2009 12:11:00 PM

1 comment:

  1. AnonymousJune 16, 2009 at 3:53 PM

    GS currently makes up 25% of Program Trading on Wall Street...They pretty much along with Credit Suise, And Morgan Stanley run these type of programs.

    ReplyDelete

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