Friday, May 7, 2010

WAS THE BIG DIP AN ANOMALY...OR DOES IT HAVE UNDERLYING REASONS...

WE SAW YESTERDAY THE LIMITS OF ALGORITHMS...  AN ALGORITHM IS IRRATIONALLY RATIONAL... AND WITH THIN MARKETS...AND HIGH FREQUENCY HEDGE FUNDS DOING MOST OF THE TRADING...VIA BLACK BOX ALGORITHMS....

PERHAPS...YESTERDAY WAS THE "NEW RATIONAL...!"

SOME ALGORITHM "THOUGHT"...THE ONLY WAY TO WIN IS TO BECOME LESS RATIONAL!!

WAS YESTERDAY AN ANOMALY...OR SOMETHING NEW...?

HAS IRRATIONAL BECOME THE NEW RATIONAL...!