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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (14078)5/12/2013 6:55:45 PM
From: John Pitera1 Recommendation  Read Replies (1) of 33421
 
RE: The post I am responding too......... I should have added this additional text:

RE: last post......As Art Cashin and Ron Insana both commented in the summer of 2011 --- each one of them within a day of each other were speculating that the "Machines (computer Artificial Intelligence.... programing algorithms , key word data mining, such as WhiteHouse , bombing, Obama hurt..... etc had become a dominating factor in the markets..... and that many of the moves and the flash crashes were being generated from such computer trading systems.

In the flash crash 6 or 8 weeks ago.... it was not so much the initial tweet by the AP...... that the computer AI systems were triggered by...... but the massive retweeting that exploded parabolically within minutes .... that triggered the sell programs.

we have now arrived and have entered the Epochal "ERA"

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