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After Bashing The Entire Market Yesterday, Today Cramer Goes Nuts Against High Frequency Trading

Posted By admin On June 17, 2010 @ 4:24 am In Money Watch | Comments Disabled

Tyler Durden
Zero Hedge [1]
June 17, 2010

Ok, this is getting scary: first, Cramer bashes the entire market yesterday [2], saying it is a stupid, rapacious, capricious and a bunch of other words we would butcher absent spellcheckurrrr. Then, the CNBC frontman goes out on a full blown tirade against High Frequency Trading, against ongoing flash crashes (melt downs and ups) in names such as the ones we discussed earlier like Diebold [3]and Washington Post [4], against the whole concept that the market is sane and stable, and lastly, Cramer agrees with us that the only senator worth listening to is Ted Kaufman, who also happens to be a guest on this particular Cramer show. Are we now mainstream or is Cramer too much of a fan? Is it time to switch our motto to “on a long enough timeline we all succeed and prosper courtesy of a neverending Keynesian ponzi pyramid.” Is this the market bottom? Being on the same side of the trade as Cramer is…never good.

After Bashing The Entire Market Yesterday, Today Cramer Goes Nuts Against High Frequency Trading 150410banner7 [5]

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URLs in this post:

[1] Zero Hedge: http://www.zerohedge.com/article/after-bashing-entire-market-yesterday-today-cramer-goes-nuts-against-high-frequency-trading

[2] entire market yesterday: http://www.zerohedge.com/article/cramer-calls-market-stupid-rapacious-arbitrary-capricious-and-downright-ridiculous-tells-vie

[3] Diebold : http://www.zerohedge.com/article/senator-kaufman-says-evidence-shows-may-6-flash-crash-no-isolated-event

[4] Washington Post: http://www.zerohedge.com/article/washington-post-stock-100-triggers-circuit-breaker

[5] Image: http://www.homegain.com/housead/homes_for_sale/index?entryid=11502

[6] Corporate Media Spotlights Distortion of Market by High Frequency Trading: http://www.prisonplanet.com/corporate-media-spotlights-distortion-of-market-by-high-frequency-trading.html

[7] Scientific Proof That High Frequency Trading Induces Adverse Changes In Market Microstructure And Dynamics, And Puts Market Fairness Under Question: http://www.prisonplanet.com/scientific-proof-that-high-frequency-trading-induces-adverse-changes-in-market-microstructure-and-dynamics-and-puts-market-fairness-under-question.html

[8] “I Am Jim Cramer And I Approve Of The President’s Message (Because The Market Moved Up By 3 Points)”: http://www.prisonplanet.com/i-am-jim-cramer-and-i-approve-of-the-presidents-message-because-the-market-moved-up-by-3-points.html

[9] “Passage Of The Healthcare Bill Means The Double-Dip Is Coming” – Market Insight From Permabull Jim Cramer Who Just Turned Bearish: http://www.prisonplanet.com/passage-of-the-healthcare-bill-means-the-double-dip-is-coming-market-insight-from-permabull-jim-cramer-who-just-turned-bearish.html

[10] Cramer says Get Out Of The Market: http://www.prisonplanet.com/cramer-says-get-out-of-the-market.html

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