<html xmlns:v="urn:schemas-microsoft-com:vml" xmlns:o="urn:schemas-microsoft-com:office:office" xmlns:w="urn:schemas-microsoft-com:office:word" xmlns:x="urn:schemas-microsoft-com:office:excel" xmlns:m="http://schemas.microsoft.com/office/2004/12/omml" xmlns="http://www.w3.org/TR/REC-html40"><head><meta http-equiv=Content-Type content="text/html; charset=utf-8"><meta name=Generator content="Microsoft Word 14 (filtered medium)"><style><!--
/* Font Definitions */
@font-face
        {font-family:Calibri;
        panose-1:2 15 5 2 2 2 4 3 2 4;}
@font-face
        {font-family:Tahoma;
        panose-1:2 11 6 4 3 5 4 4 2 4;}
/* Style Definitions */
p.MsoNormal, li.MsoNormal, div.MsoNormal
        {margin:0in;
        margin-bottom:.0001pt;
        font-size:12.0pt;
        font-family:"Times New Roman","serif";}
a:link, span.MsoHyperlink
        {mso-style-priority:99;
        color:blue;
        text-decoration:underline;}
a:visited, span.MsoHyperlinkFollowed
        {mso-style-priority:99;
        color:purple;
        text-decoration:underline;}
p.MsoAcetate, li.MsoAcetate, div.MsoAcetate
        {mso-style-priority:99;
        mso-style-link:"Balloon Text Char";
        margin:0in;
        margin-bottom:.0001pt;
        font-size:8.0pt;
        font-family:"Tahoma","sans-serif";}
span.BalloonTextChar
        {mso-style-name:"Balloon Text Char";
        mso-style-priority:99;
        mso-style-link:"Balloon Text";
        font-family:"Tahoma","sans-serif";}
p.yiv1476337871msoacetate, li.yiv1476337871msoacetate, div.yiv1476337871msoacetate
        {mso-style-name:yiv1476337871msoacetate;
        mso-margin-top-alt:auto;
        margin-right:0in;
        mso-margin-bottom-alt:auto;
        margin-left:0in;
        font-size:12.0pt;
        font-family:"Times New Roman","serif";}
p.yiv1476337871msonormal, li.yiv1476337871msonormal, div.yiv1476337871msonormal
        {mso-style-name:yiv1476337871msonormal;
        mso-margin-top-alt:auto;
        margin-right:0in;
        mso-margin-bottom-alt:auto;
        margin-left:0in;
        font-size:12.0pt;
        font-family:"Times New Roman","serif";}
p.yiv1476337871msochpdefault, li.yiv1476337871msochpdefault, div.yiv1476337871msochpdefault
        {mso-style-name:yiv1476337871msochpdefault;
        mso-margin-top-alt:auto;
        margin-right:0in;
        mso-margin-bottom-alt:auto;
        margin-left:0in;
        font-size:12.0pt;
        font-family:"Times New Roman","serif";}
p.yiv1476337871msonormal1, li.yiv1476337871msonormal1, div.yiv1476337871msonormal1
        {mso-style-name:yiv1476337871msonormal1;
        margin:0in;
        margin-bottom:.0001pt;
        font-size:11.0pt;
        font-family:"Calibri","sans-serif";}
p.yiv1476337871msoacetate1, li.yiv1476337871msoacetate1, div.yiv1476337871msoacetate1
        {mso-style-name:yiv1476337871msoacetate1;
        margin:0in;
        margin-bottom:.0001pt;
        font-size:8.0pt;
        font-family:"Tahoma","sans-serif";}
p.yiv1476337871msochpdefault1, li.yiv1476337871msochpdefault1, div.yiv1476337871msochpdefault1
        {mso-style-name:yiv1476337871msochpdefault1;
        mso-margin-top-alt:auto;
        margin-right:0in;
        mso-margin-bottom-alt:auto;
        margin-left:0in;
        font-size:12.0pt;
        font-family:"Calibri","sans-serif";}
span.yiv1476337871msohyperlink
        {mso-style-name:yiv1476337871msohyperlink;}
span.yiv1476337871msohyperlinkfollowed
        {mso-style-name:yiv1476337871msohyperlinkfollowed;}
span.yiv1476337871emailstyle17
        {mso-style-name:yiv1476337871emailstyle17;}
span.yiv1476337871balloontextchar
        {mso-style-name:yiv1476337871balloontextchar;}
span.yiv1476337871msohyperlink1
        {mso-style-name:yiv1476337871msohyperlink1;
        color:blue;
        text-decoration:underline;}
span.yiv1476337871msohyperlinkfollowed1
        {mso-style-name:yiv1476337871msohyperlinkfollowed1;
        color:purple;
        text-decoration:underline;}
span.yiv1476337871emailstyle171
        {mso-style-name:yiv1476337871emailstyle171;
        font-family:"Calibri","sans-serif";
        color:windowtext;}
span.yiv1476337871balloontextchar1
        {mso-style-name:yiv1476337871balloontextchar1;
        font-family:"Tahoma","sans-serif";}
span.EmailStyle33
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
span.EmailStyle34
        {mso-style-type:personal;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
span.EmailStyle35
        {mso-style-type:personal-reply;
        font-family:"Calibri","sans-serif";
        color:#1F497D;}
.MsoChpDefault
        {mso-style-type:export-only;
        font-size:10.0pt;}
@page WordSection1
        {size:8.5in 11.0in;
        margin:1.0in 1.0in 1.0in 1.0in;}
div.WordSection1
        {page:WordSection1;}
--></style><!--[if gte mso 9]><xml>
<o:shapedefaults v:ext="edit" spidmax="1026" />
</xml><![endif]--><!--[if gte mso 9]><xml>
<o:shapelayout v:ext="edit">
<o:idmap v:ext="edit" data="1" />
</o:shapelayout></xml><![endif]--></head><body lang=EN-US link=blue vlink=purple><div class=WordSection1><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><div><div style='border:none;border-top:solid #B5C4DF 1.0pt;padding:3.0pt 0in 0in 0in'><p class=MsoNormal><b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'>From:</span></b><span style='font-size:10.0pt;font-family:"Tahoma","sans-serif"'> extropy-chat-bounces@lists.extropy.org [mailto:extropy-chat-bounces@lists.extropy.org] <b>On Behalf Of </b>spike<br><b><span style='color:#1F497D'>…</span></b></span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></span></p></div></div><div><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>></span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Note the twitchy bulls in the Romney graph below:<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>…<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>>>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>And here’s the roughly corresponding Obama graph:<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>OK cool, I may have stumbled on some evidence to figure out what is going on here</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>…</span><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>…<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Pardon please my high-volume posting on this topic, but be assured it will end (well, it will probably end) in a couple weeks.<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>OK so imagine the scheme was to make a bunch of trades under the radar, 20 shares at a time in the middle of the US night when not many US traders are watching.  Then the trick would be to make money in the US daytime when the USians, who are most interested in this  particular meme, are doing most of their trading.  Then one could transfer a ton of money in the night without drawing much attention.  The fact that all the trades were the same volume and the same price leads me to think it was the same person or program doing the trading, perhaps somehow selling the shares to itself.  <o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>I don’t know how that works, but imagine something creating that appearance intentionally to create the apparent signature of high volume trading, perhaps to get the attention of the software traders who do not sleep, but who watch for certain signals.  Then the program could own shares of both mainstream candidates, and be ready to trigger, or take advantage if something else triggers, any stampede either direction.  That allows the software to take advantage of the observation that this complementary pair of memes tends to be active as hell during the US daytime and relatively inactive in the night, a feature less available on the stock market.<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Actually this still doesn’t explain the apparent asymmetry where one feller’s prices drop suddenly but rise more gradually.  That one is still puzzling, and I don’t even know for sure if it is real or just a coincidence.  If I get time today, I could go through and calculate slopes on any change greater than 1 cent.<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>Ohhh there is money to be made here, big money, scores of dollars, possibly hundreds.<o:p></o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'><o:p> </o:p></span></p><p class=MsoNormal style='background:white'><span style='font-size:11.0pt;font-family:"Calibri","sans-serif";color:#1F497D'>spike<o:p></o:p></span></p></div></div></body></html>