Well….That’ll Learn Ya…

I came across this headline – Knight Capital Says Trading Glitch Cost It $440 Million $10 million a minute. That’s about how much the trading problem that set off turmoil on the stock market on Wednesday morning is already costing the trading firm. The Knight Capital Group announced on Thursday that it lost $440 million when…

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Better…Sort Of

Still no volume follow through. Widespread participation would be good. Given the mess the inhabitants of Wall Street have made of their own patch I dont blame the majority of people for not wanting to be involved. The perception that this is still a rigged game run by criminals still persists.