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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: patron_anejo_por_favor who wrote (195146)10/3/2002 8:43:54 PM
From: robnhood  Read Replies (1) of 436258
 
These last few days have been extremly tough for day traders and pros. From what I see there are very few actual orders in the market. The public are out almost completely. The market is very thin. A new wrinkle seems to be entering the game at a very accelerated pace, and that seems to be black box trading. Mindless orders that are originating out of some PHD programmer's formula. By mindless , I mean that greed, fear, and analysis of real valuation are absent. They appear to be a total mathematics game. Perhaps this has to do with the sudden surge in new hedge funds.
BWDIK
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