Parisian Family Office, CEO. Began Wall Street, 1982. Founded investment firm, CHIPPEWA PARTNERS, Native American Advisors. Active Trader. White Earth Chippewa Tribal member. Was NYSE/FINRA arb. Conservative, raised on Great Plains reservations. Pureblood, clot-shot free. In a world elevated on a dopamine binge, this is his take! Written from MT Ghost Ranch on the Yellowstone River, TN farm Pamelot or San Jose del Cabo, Mexico, CASA TULE'. Always been, will always be, an optimist.

Wednesday, August 01, 2012

Brain dead in St. Louis.........

Dave Lutz, the managing director of U.S. trading at Stifel Nicolaus in Baltimore, cautions investors not to over-react to events like the Knight mistake today.

"A lot of people seem to think it was human error. At the end of the day it wasn't necessarily a failure of systems," he said. "It's not a reason for people to lose confidence in the markets."

No comments: