Wednesday, October 2, 2013

Funny Games on Wall Street

Low volumes induce to funny games on Wall Street. Let us look at these two charts:



As can be spotted, during the last stage of the trading day the players have a lot of fun. The game is called "How many points up can we make ?".  I do not have the slightest idea what kind of awards there are but surely the fun is great.

Well, for somebody looking at the charts in daily or longer time frames these games are invisible. What is more, the overall impression is that the market is strong.
I do not know how all that matter will end but....well, maybe the last sequences of "Funny Games" by the Austrian film director Michael Haneke could be a clue ?
If somebody has not seen it I am strongly recommending that movie (the U.S. remake is also available).

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