Jon, the momentum trading money is so busy at Yahoo! Amazon and co that I suppose Q.com doesn't get a look in. It is looking like a Web-bloom to me. A kind of Web chain letter where you get rich as long as you aren't the last one in. The red-hot champion algorithm electronic computer trading experts will be moving like lightning, watching each other and integrating their competitors' processes into their algorithms as they mutate, while the sluggish neophytes barely know what's going on. Guess which will be left holding the baby [or in your joke, sardines, but in the old version I heard quite a few years ago, rotten eggs].
The daily trading patterns are interesting, volumes leaping in seconds with tiny transitions in price. A bit like a cdmaOne wave function with many equations hidden within the overall mishmash which might appear like white noise. To the chaos inclined, some kind of fractal world created in the minds of a multitude detached from reality.
Doesn't it tempt you, being a trader of old? At the moment, I'll stick with a simple equation with time measured in years rather than minutes.
Do you think they really are that good, or am I up a gum tree?
Meanwhile, some attempts at scaring Pierre here:
upside.com
Which is a series of articles by some joker Malone, who is worried about where the Web and the technoworld is leading us. I got it from here, which is an interesting thread on money.
Message 5096976
Mqurice
Q.com $80 31 July [there is some potential ammunition for LarryL! Dougjn et al] |
