The Fake news:
http://www.businessinsider.com/ap-tw...e-house-2013-4
The Real reaction:
http://www.zerohedge.com/news/2013-0...t-exodus-looks
FacePalm!
The Fake news:
http://www.businessinsider.com/ap-tw...e-house-2013-4
The Real reaction:
http://www.zerohedge.com/news/2013-0...t-exodus-looks
FacePalm!
Fairness leads to extinction much faster than harsh parameters.
"For those with trailing stops, our condolences..."
No doubt!!!
Mike
Let me get this straight:
Somebody hacked the Associated Press twitter account and faked a report of a bombing at the WH, injuring the president.
In response, somebody somewhere flipped a switch and a bunch of software programs that perform stock market operations on autopilot went into SELL EVERYTHING!!! mode for a few seconds, dropping the market considerably...and then either got flipped back into BUY EVERYTHING!!! mode and bought back all the stuff that was sold in the few seconds.
Is this more or less accurate?
3/15/2016
One MAJOR difference. When you said that 'In response, somebody somewhere flipped a switch and a bunch of software programs', you mean some news reader set to an 'if/then' statement, read the AP Tweet and 'auto-piloted' the sell, triggered an alarm and then either another algo or, finally a human being, re-set the algo in order to stave off a complete worldwide economic panic.
If anyone knows more about my rudimentary understanding of the algos, please step in.
Fairness leads to extinction much faster than harsh parameters.
BaiHu,
There is a fictional book called Deamon that you would love. Very much like your last post....
Thanks!
Sent from my SCH-I535 using Tapatalk 2
Fairness leads to extinction much faster than harsh parameters.