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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: TobagoJack who wrote (84414)	12/11/2011 10:15:02 AM
From: Maurice Winn	3 Recommendations Read Replies (1) \| Respond to of 218598

TJ, note that I have, even though they haven't [and ranted so before and after]. <note: they still have not figured out what happened re the flash crash, other than the truth that there was a crash > In scientific theories, one tests them against reality. The Flash Crashes are just psychological research by million mile a minute supersonic algorithms with their PhD mathematician operators. Deep Blue sent Gary Kasparov off the stage, waving his arms in bewilderment. Of course computers are interested in more than just playing chess. 40 years ago when I was at university banging holes in Fortran IV punch cards "they" claimed that computers could never beat a person at chess [and they were not talking about wiping the very best]. I thought at the time, when that was claimed as an article of faith by humans, that there is nothing particularly intrinsic to humans about intelligence and that the claim was more a comment on the limitations of human intelligence [unable to even understand their own pathetic limitations] than a reasoned position on what's possible. It didn't even take long to do it. A mere two decades later, and the world champion was sent packing. Nature has more serious things to do than play chess. When DNA amino acids first aligned themselves like crystals do defined by their electromagnetic imperatives, it set off on a billion year path towards consciousness and intelligence. Dogs can smell, bats can hear and fly, eagles can fly and see, sharks can electromagetically detect prey, eels can generate high voltages, plants can poison and spike, lions and hippos can bite, whales can dive. Humans can think and are conscious. Consciousness is the fifth force of the Cosmos, causing the others to drop their wave functions into reality. Humans are in the process of moving consciousness from the biological world to the silicon, germanium electro photonic world. The sluggish, mortal limitations of the biological world have been breached and the hordes are pouring forth. The rewards are enormous. One person can change the planet as 6 billion others can copy/paste the idea at zero cost. The economies of scale are fantastic. In the old days, it took swarms of people to work in the factories of the industrial revolution. One person inventing the light bulb required hundreds and thousands to build the factories to make them. Car factories took millions of people to boost production. When Google was invented, it took weeks for people to click on it and go. The Flash Crash was just liquid limits being tested along with the responses of the other computers challenging each other for pre-eminence. They were modeling the whole market, not just individual stocks, currencies and commodities. "What happens if we test our theory about panic?" So, they give it a run - sell, sell, and sell some more and sure enough there was a sell panic initiated with "stop loss" orders tumbling and margin call ratios investigated. The million mile a minute computers watched each other to see who would be chicken first and how far the cascade of collapsing margins and fear would run before dumb thugs like me said "Oh yeah? Wanna bet? Try this for size." And shoved a load of loot out into the path of the runaway locomotive which turned out to be not a locomotive at all but a scaredy cat computer algorithm looking for limits. After the Flash Crash, of course the ignorant government people set about "fixing the problem" and as such people do, they made it worse by stopping dumb thugs from stepping into the market lest their trades be cancelled. Now the computers can drive it down and wait for the announcement after enough panic has built "Okay, you are allowed to buy shares after all and we won't cancel your trades". Being very fast, they'll be able to react to the news very quickly and buy ahead of the slower-witted computers and people on the way back up. Inadvertently, as usual, the regulators make things worse while trying to make them better. The market can manage price far better than can regulators. Million mile a minute supersonic computers are hired to do that. Stopping them doing their job won't make things better. With management like that, your zero-state reset becomes more likely: <am rather looking forward to zero-state reset of the entire contraption, but am cognizant that as and when the reset button is pressed, instead of "return to original ex-factory state", the whole edifice reverts to raw material state with a loud bang > The Land of the Free and the home of the Brave has turned into the era of the wimpy and scared with love of regulators and Big Brother which has spread across many borders. Paradoxically, the fear and wish to avoid the feared leads directly to that which is feared. People make the mistake of thinking they learn from their mistakes. In fact, people learn from their successes, rather than their mistakes. There is an infinite array of mistakes to make and not enough time or resources to make them all. Success is the way to go. Learn from success, not failure. When governments reward fear, as always, what gets rewarded gets done. Fear becomes the norm and failure the result. We have nothing to fear but fear itself. So you can keep your gold. Fear is for failure. My Cyberspace legions are taking over the world. We will disintermediate governments and their silly fiat currencies. ElM is stringing fibre around and has climbed many a pole to install the hardware. Huawei is building as fast as they can go. You are funding it. Thanks. Mqurice