SI
SI
discoversearch

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.
Biotech / Medical : momo-T/FIF

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scaram(o)uche who wrote (11967)12/21/2018 1:40:20 PM
From: atticus4paws1 Recommendation

Recommended By
scaram(o)uche

  Read Replies (1) of 12215
 
Sell programs plus last minute tax loss I suppose. Been watching too much CNBC.

I generally find the discussion about the algo traders effects on the market to be simplistic. However, I fully believe that they act as amplification of what would otherwise be medium (because of where the VIX is) speed moves. I see very little evidence that any of these machine learning based trading systems would ever learn a counter trend strategy (the classes would be very unbalanced and difficult to make trend-following-type money on even if your accuracy was pretty good). I guess that's why I think of them as short term trend magnifiers. And they feed on themselves and reinforce what they think the true market mechanics are.

And here we are erasing years of biotech gains...well sort of. Everyone is worried cheap money is gone but I'm pretty sure I heard it say "hasta mañana" and not "hasta la vista".
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext