Thursday, October 21, 2010

Market volatility - GOLD CMX flash 'meltup'

The markets are now entering into a good dose of volatility, as earnings season will be poor, Europe is going to get messy as their winter approaches, the US has a new mortgage crisis (on top of their older mortgage crisis): namely the bond/foreclosure mess. The 'geniuses' at the G20 meetings will attempt to get emerged economies to sell emerging economies currencies to try and balance the FX markets. Add any black swans events, or 'shit happens' scenarios = volatile trading condition's, hence 'fat finger' sell/buy panic orders and HFT (high frequency trading) flash crash and melt-ups.

Such as the Gold futures on the CMX flash melt-up:

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