Saturday, October 27, 2012

Market liquidity next week, quarter end, ugh

LIPA(Long Island Power Authority) is now suggesting that our local area should expect power outages of 7 - 10 days once the storm clears.  What does that mean for the whole region, downtown Manhattan included.  Will the markets stay open?  If they do, what will liquidity be like if the floor and the trading rooms are short-staffed.  More to the point, could this be a huge opportunity for traders and high speed programs to manipulate or pervert market performance. 

One more thought, as we think about the possibilities for Monday and Tuesday.  Just heard a news report where a meteorologist said, "If the weather wants to win, it will, and there's nothing we can do about it."

Go out to sea, storm, go out to sea.

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