Because, like clockwork, the entire market
always turns on buy programs at the same time. Who cares about paying a good price when you are playing with other people's money in a SPARC-manipulated playground. Mr. T pities the retail fools who thought they have some chance of making money in this WWF-esque rigged spectacle.
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhz_NqhHmEACa7pPOl1jWOh4H-JXGOg6hw5SY3_IecTzaZFwe-PCRdbq5CTOkEtG6VZE4BFPFd-38DUvto6LI1LM0pPnZADtkpGXq-EViOAyxNE_ZyXpp7dxyG-krwYBUsm-vgLMc5XfSE/s400/TICK+6.19.09.jpg)
Also, good thing that the VIX is down 10% in a flat market. Thank god the markets are "regulated."
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjngNvhdO9IXDVlswEFTEEYk-ngcO_ya3DKbDBnv1mvM9IN-knYMgMVZCGP2CTU1abB_EYuDTGTO-EYAN72amUmmcmZ6FO99Alv_7KW_ulUP41ySAewOnGlnIAXRZKNSSenNqUv_V14kzU/s400/vix+6.19.09.jpg)
And, yes you guessed it, the VWAP reversion programs win again (on no volume on quad witching). Nobody trades anymore except Simons with Simons (or rather Medallion with RIEF).
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