mr biggz and his cohorts

watso normally uses 10 computer screens focussed on different parts of the markets. watso has a control room, and ten 42 inch lcd panels spread around him, displaying the latest information from around the world, in markets as diverse as futures in pig bellies to the carry trade in Zimbabwe dollars (yes, there is money to be made in trading zimbabwe dollars). nevertheless, yesterday, all screens were focussed on the hectic trading on mxr shares. believe it or not, but there was money to be made. this is how the system works - watso is a "high frequency trader". and his computer systems are privy to buy and sell orders, fractions of seconds prior to those orders coming onto the market - and watso's patented trading platform responds in macro seconds to those buy and sell orders - so who do you think is making the money?????. watso does not hold when he posts, but between posts, he has made about $20.

ok - $20 does not sound all that much, but if there are 1000 stocks listed on the asx, then that is could result in about $20,000 per day (on some stocks . eg tls, watso might make $1000 per day. on other stocks, he makes nothing


this system is so unbelievable, that not even the ato seem to be interested in the $20,000 per day that watso makes - so it is effectively "cash in hand"

for a better explanation of how the system works

http://www.nytimes.com/2009/07/24/business/24trading.html?_r=1

heh mr biggz - is your "time frame" moving out???? in the back of watso's mind, you were claiming that mxr would be $x by whatever, and then you moved that back a bit, and now it seems to have been moved back a bit more.

ok - watso has to admit that anything can happen to a cheapie. watso is also into astrology in a big way, and given the birthdate of mxr, and the alignment of stars, then there is no hope