Runningart2004 wrote:
Details, man...Details! wrote:
Link? I would like to see what reasoning you gave.
No reason lol, I have no financial or economic experience whatsoever....just trying to look at trends and 22500 looked like a pretty number. I think we will drop off a cliff after Mueller is done, assuming it’s damaging to Trump, we will drop under 20000 as a knee jerk reaction.
Alan
Honestly I'm pretty sure the market's would rally. Remember that markets like stability.
agip wrote:
it's a christmas miracle
S&P 500
2,546.16
+0.22(+0.01%)
Interesting article, here. About how the algos are running the show, and making the markets even more unpredictable and volatile.
https://www.bloomberg.com/news/articles/2018-12-18/druckenmiller-says-algos-are-robbing-markets-of-trade-signals
Oh bah humbug. 2017 was one of the quietest and calmest years ever or something and algorithmic trading has been around awhile. Maybe it makes things a little spicier at crunch time but we could easily see panic selling like 1929 style if it was just humans trading on the floor. Like you said, the algos look for probabilities. When bears are starting to line up to match the bulls, probability of profits that can be taken in either the short or long position goes up.
DGTD Correction Indicatoe wrote:
Correction plus wrote:
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
Great job again, Igy!
After some false optimism pushed the market up early today, we settle back down to basically a 0% return for the day.
What do you call a 20% decline? A super correction? Do you continue to pretend it's "healthy"?
Damn suckers.
DGTD Contrarian Indicatoe wrote:
Ghost of Igloi wrote:
Sure. CHK a new 52 week low today!
Fed, please save us!
There’s your BUY signal, folks. CHK guaranteed to go up!
Or bankrupt. The other guy’s investment sure sucks. Hope it isn’t you.
Racket wrote:
agip wrote:
it's a christmas miracle
S&P 500
2,546.16
+0.22(+0.01%)
Interesting article, here. About how the algos are running the show, and making the markets even more unpredictable and volatile.
https://www.bloomberg.com/news/articles/2018-12-18/druckenmiller-says-algos-are-robbing-markets-of-trade-signalsOh bah humbug. 2017 was one of the quietest and calmest years ever or something and algorithmic trading has been around awhile. Maybe it makes things a little spicier at crunch time but we could easily see panic selling like 1929 style if it was just humans trading on the floor. Like you said, the algos look for probabilities. When bears are starting to line up to match the bulls, probability of profits that can be taken in either the short or long position goes up.
Humans do the programing, most with zero market experience. Guaranteed to not go well.
DGTD Correction Indicatoe wrote:
Correction plus wrote:
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
Great job again, Igy!
No, great job Hussman:
https://www.morningstar.com/funds/XNAS/HSGFX/betaquote.htmlGhost of Igloi wrote:
Humans do the programing, most with zero market experience. Guaranteed to not go well.
An extremely idiotic comment. I dare you to back that up with empirical evidence.
U. R. Stupid wrote:
Ghost of Igloi wrote:
Humans do the programing, most with zero market experience. Guaranteed to not go well.
An extremely idiotic comment. I dare you to back that up with empirical evidence.
I dare you to come up with empirical evidence that it is not true.
While you’re looking, keep buying the dip sucker.
Ghost of Igloi wrote:
Racket wrote:
Oh bah humbug. 2017 was one of the quietest and calmest years ever or something and algorithmic trading has been around awhile. Maybe it makes things a little spicier at crunch time but we could easily see panic selling like 1929 style if it was just humans trading on the floor. Like you said, the algos look for probabilities. When bears are starting to line up to match the bulls, probability of profits that can be taken in either the short or long position goes up.
Humans do the programing, most with zero market experience. Guaranteed to not go well.
I argue you may not need market experience to write those algorithms. In fact, "market experience" (in some instances at least) is fortune telling and relying on past results to indicate the future performance. Look at how badly hedge funds are doing right now. All those genius guys that "know Wall Street" are getting hammered. Algos are all about solving equations. Efficient market hypothesis for the win!
purple martin wrote:
Correction plus wrote:
26,828.39 set on October 3, 2018.
Closed yesterday at 23,592.98.
Down 12% plus.
If down 10% is a correction and healthy, what's down 20%?
40% shy of 60%
.
20% is 40% shy of 60%?
Wow.
How about it's 66.67% less than 60%.
No wonder you guys are naive enuff to fall for every bit of "advice" from the Casino Moguls on Wall Street.
Racket wrote:
Ghost of Igloi wrote:
Humans do the programing, most with zero market experience. Guaranteed to not go well.
I argue you may not need market experience to write those algorithms. In fact, "market experience" (in some instances at least) is fortune telling and relying on past results to indicate the future performance. Look at how badly hedge funds are doing right now. All those genius guys that "know Wall Street" are getting hammered. Algos are all about solving equations. Efficient market hypothesis for the win!
Perhaps. I’ll bet instead on a black box slaughter at some point. That is why I think any hedging strategies will fail when everyone wants cash at the same time.
Ghost of Igloi wrote:
U. R. Stupid wrote:
An extremely idiotic comment. I dare you to back that up with empirical evidence.
I dare you to come up with empirical evidence that it is not true.
While you’re looking, keep buying the dip sucker.
You made a statement that you cannot support. Therefore it must be assumed to be false.
Better luck next time.
No student you wrote:
purple martin wrote:
40% shy of 60%
.
20% is 40% shy of 60%?
Wow.
How about it's 66.67% less than 60%.
No wonder you guys are naive enuff to fall for every bit of "advice" from the Casino Moguls on Wall Street.
You should apply those math skills to your investment advice.
Ghost of Igloi wrote:
DGTD Contrarian Indicatoe wrote:
There’s your BUY signal, folks. CHK guaranteed to go up!
Or bankrupt. The other guy’s investment sure sucks. Hope it isn’t you.
The "other guy" sold for a profit awhile ago, but don't let that get in the way of your fantasy.
Big Dog Investments wrote:
Ghost of Igloi wrote:
Or bankrupt. The other guy’s investment sure sucks. Hope it isn’t you.
The "other guy" sold for a profit awhile ago, but don't let that get in the way of your fantasy.
Is this why this thread is so long? Just 1000 pages of
"you suck"
"no you"
"no you more"
"no you times infinity"
purple martin wrote:
No student you wrote:
.
20% is 40% shy of 60%?
Wow.
How about it's 66.67% less than 60%.
No wonder you guys are naive enuff to fall for every bit of "advice" from the Casino Moguls on Wall Street.
You should apply those math skills to your investment advice.
How does math have anything to do with the marks giving their $$ to the Casino Moguls on Wall Street?
The "correction" is now at 14%.
Still a "correction"?
Yes, when it hit's 20% it's called a bear market. Are you retarded?
About 800pts away from my prediction and 10 or so days left. Keep going down!
Alan