Saturday, February 5, 2011

Must Listen Podcast from Joe Saluzzi

Check out Chris Martenson's interview with Themis Trader LLC co-founder Joe Saluzzi.

Joe shreds the HFT's and discusses why the market is now based on speed versus investing.  Most of the liquidity and volume in the market is being created by these robots and Joe explains why this is extremely dangerous.

I have been talking about this for weeks now and it's nice to hear that it's starting to get some legs.

2 comments:

getyourselfconnected said...

Sorry Jeff! Sucks to lose, as I well know. Good game all around though.

Jeff said...

Turnovers killed us.

Thanks bud!