Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: robnhood who wrote (195170)	10/3/2002 9:21:03 PM
From: patron_anejo_por_favor	Read Replies (1) \| Respond to of 436258

<<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>> I think you're right, and the stats that show that the proportion of program trades are at all-time highs supports your theory too. The mark-to-market guy talks about the disproportionate influence of black box trading all the time. Just look at the number of times we got in excess of +1000 tick on the NYSE in the last 2 weeks...that used to be a rare event, now it happens DAILY!