OPEX Wednesday Freaky Hour
OPEX Wednesday Freaky Hour
UPDATE 3:15pm EDT: Welcome to freaky hour – in particular the last 30 minutes should be exciting. I think we Rammstein to back us up:
Enjoy, and don’t forget to set some stops to cover you against a Goldman rally.
UPDATE 3:33pm EDT: It’s magic time – while we watch the titans duke it out with each other may I interest you in a pretty interesting post over at Karl’s digital den. Seems like we might finally get at least some regulation and transparency in the OTC market – which happens to be a lot larger than the regulated market if you can believe that. A lot of dark liquidity out there being traded outside the reach of regulation and oversight. Oh, Goldman and their other primary dealer cronies are absolutely going to hate this as it means less monkey business and less cream licking off the top. And it’s a good guess that it’ll probably crash the market – perhaps it’ll be the catalyst that propels us into Primary wave {3}. Anyway, it’s just talk right now – maybe that’s all we get but it’s a glimmer of hope.
