Semi Equipment Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Semi Equipment Analysis

SOXX 306.14

+0.4%

Dec 24 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: michael97123 who wrote (17688)	8/6/2004 2:35:56 PM
From: Alastair McIntosh	Read Replies (1) of 95632

You are right about the discussion of program trading missing the point. Program trading is just what it sounds like, trading by computer programs generally to react to the the differences between futures and the index. Every day, buy programs hit just as often as sell programs. Neither has a bias up or down. A good chunk of program trading is index arbitrage. It would be pretty well impossible to move the general market by buying or selling stock. If you want to move the market, drive the futures up or down. It would take much less capital.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next