lcm wrote on August 22nd, 2013, 7:20 pm:Let me state this is “ONLY MY OPINION”
Here’s a thought to get your brain working. Let’s assume that the GCR was attempted live today and the SIP (securities information processor) fed the entire list and the percentages of change at the same time.
If some of the currencies are traded in an EFT (electronic traded fund), which I believe they are. Then the safeguards that were put in place back in Oct 2008 would have probably kicked in and stopped trading at a regulatory level like what we just seen today on the NASDAQ.
If you read the official released comment from NASDAQ they state there was a problem with the SIP and trading was actually ready to resume after 30 minutes (which is the circuit breaker reset) as defined by the software and regulation.
However, they (not sure who) decided that they would not resume trading at the 30 minute reset.
Read More Link on Right
One could only wonder who was talking about “what just happened and why and how come we were not notified that this could happen”. Lol ! I would have loved to been sitting in that room when that meeting was call together to find out what? Someday we’ll know.
Why would the SIP (securities information processor) be tripped if the GCR was attempted live today? The circuit breakers built into the software systems will not allow for more than a 10% swing in any given rolling five minute period.
Well we all know that some of these currencies are going to swing more than 10%. Now if some of these currencies are listed in an EFT (electronic traded fund). Then the fund is going to change more than 10% also, thus triggering the SIP regulatory shutdown of trading.
Probably the reason NASDAQ showed it first is they trade more EFT’s with foreign currencies than anyone else. Which in turn shutdown the trading of the EFT as defined from the NASDAQ on the NYSE also.
This would have a trickle down affect to the big banks since they sell these EFT’s also.
Well anyway it makes you think about some stuff don’t it.
Any comments are welcomed and hopefully someone can add to the thought process.
Again, This Is “ONLY MY OPINION” lcm
lovethisfamily: This is brilliant. And it would mean that they, who seem to love Thursdays went for it again today. Although, does it also mean we hit another snag? Hmmmm.....if you are on to something, did the issue with ETF's shut the process down, or did it only reveal what went on behind the scenes.....
Topic: WHAT A GREAT NIGHT FOR AN RV !!!!
[myk] It is best not to approach a bull from the front, a horse from the back and a fool from any direction.
SteveO:I just got a call from one of my best contacts that tonight is looking very good for us to finally be blessed with the RV. Everything is done and we are just waiting for the time they have set to release it. I can't tell you the time (he wouldn't tell me the time) but I can tell you that he could hardly breath when telling me this. Hopefully Tony is hearing the same thing and will post a little something for us.
[binnacle] We were just hearing on the Radio that the problems with the nasdq today was that they had to fix an integration problem (sync) with other exchanges. mmmm sounds like CIX to me. I think tonight is our night
[Beamer] jerrys1 some are saying the RESET IS TONIGHT...that one was just saying we would see it tomorrow..it's always been told to me it would show up on Exchanges...not like a normal rv on forex.
MrOxygen: just called my friend who is a NYSE programmer and asked "Whazzup with the shut down today?".
He replied, the shut down IS to completely integrate the programming that has ALREADY been installed and tested online for the last three months. Everything is done just like all report.
BUT, They are afraid of public doing something stupid (parking lot campouts turn into Moltovs?) when faced with huge change, possible temporary bank closings, pumps off, etc.
So, now they are taking (wasting?) TIME getting the newly deployed foreign troops in the DC FEMA region trained with enough English, etc. to manage any uprisings. IF something goes wrong with the Huge Global Reset by mistake - they do not want to take a chance on being unprepared and troop deployment takes TIME. So we still wait due to their fear or planning, you choose which.
He (my source) personally opines (no intel involved, just an opinion) probably end of September. I say any of their waiting is actually causing more of the problem that they are afraid of coming from the starving homeless citizens. Don't make it worse on them by delay. Do it now anyway. Trust the people more. They will get over it, YOU will get over it. If you stop the control programming they may suprise you that they just want to relax and enjoy home.
PTB; remember, it is common nowdays to easily rent a mob, so DISCERN well!
Anyone with an agenda to prevent change can have their noisy rent a mobs ignored and not responded to with fear and troops causing more delay actually making it worse. The media is already controlled, so point the rent a mobs out to them.
KANO:OK.. HERE HERE IT IS.. SOME THINGS TONY TELLS U UR SAYING HMMM.... I SAW PEOPLE TYPING THIS SO CALLED "' THERE CALLING (WELLS FARGO) PEOPLE IN AND BUYING THE LUNCH CANT TAKE A LUNCH AND WHAT NOT"..THAT IS TOTALLY TRUE.. I HAVE NEVER TALKED TO TONY OR ANY TNT MEMBER EXCEPT INFORMING AND HELPING WITH SOME ISSUES IN THE CHAT .. SO PEEPS HERE IT IS..
WELLS FARGO LARGEST OUT OF COUNTRY CALL CENTER IS IN MANILA, PHILIPPINES.. ITS HAPPENS TO BE IN A VERY NICE EXCLUSIVE PLACE CALLED MC KINLEY HILL..THEY IN HABIT TWO HUGE FLOORS OF A TEN STORY BUILDING.. O BUT WAIT..! THEY MOVED TO A MORE EXCLUSIVE PLACE IN GLOBAL CITY JUST DOWN THE ROAD AND LEFT THERE CONTRACT FROM MC KINLEY HILL TO SUDDENLY MOVE FOR A MUCH BIGGER SPACE ALMOST THE WHOLE BUILDING. AND I DO KNOW THE STREET ITS ON AND I HAVE BEEN THERE ALSO..
ALL THIS INFO IS CONFIRMED BY ME..SO SUDDENLY A MONTH AGO WELLS FARGO MOVED TO DIFFERENT LARGER CALL CENTER..HMMM... WASNT IT ABOUT A MONTH AGO WE WERE TOLD BY TONY THERE WAS A RV. AND MANY SCOFED AT HIM TILL A FEW DAYS WENT BY AND THEN IT WAS CONFIRMED BY MANY..
SO IS WELLS FARGO GEARING UP FOR A RV IN 2014.. DONT BE A IDIOT..IM TALKING TO THE ONES SAYING, THATS WHEN WE ARE RVING..SO.. LET ME EDUCATE U ABOUT HOW A CALL CENTER WORKS HERE..
AS THEY GET BUSY OR THINK THEY WILL GET BUSY THEY WILL ASK , PLEAD, AND BEG THERE EMPLOYEES TO WORK OVER TIME DAYS OFF DAYS, ETC.. DOUBLE TIME, FREE FOOD ,(NO LUNCH BREAKS) AND EVEN SLEEPING ACCOMIDATIONS AS IN A LOUNGE WITH VERY COMFY FURNITURE TO REST ..MEANING NOT EVEN GOING HOME FOR DAYS ON END.. SO HOW DO I KNOW THIS?? I LIVE HERE.. AND MY ASSISANT ALSO WORKS FOR A VERY LARGE DRUG COMPANY HERE IN MANILA..
IKNOW HOW THESES CALL CENTER WORKS. AND ALSO WELLS RAMPING UP FOR A HUGE FLOOD OF CALLS TO ACCOMIDATE U WHEN THIS POPS.. SO I ASK.... U BE NICE TO THESE NICE PEOPLE HERE IN THESE CALL CENTERS.. THERE WAY OVER WORKED FOR MONEY THAT WOULDNT BUY U A PACK OF SMOKES..
IM THE" KANO " AND IM GONNA START SETTING THE STORY STRAIT WITH ALL THE SO CALLED GURUS THAT LIKE TO TEAR DOWN THE REAL INTEL(TONY) BEING LAID OUT FOR THE GOOD STUDENTS OF TNT.. GOOD NIGHT CAUSE I AM 12 HOURS AHEAD OF U..