Thread: Black 3pm
View Single Post
Old 05-07-2010, 10:05 AM   #47
MalcPow
College Benchwarmer
 
Join Date: Jun 2005
Location: San Diego
Quote:
Originally Posted by SportsDino View Post
The humans were seeing the incredibly stupid prices and buying as rapidly as they could. And no auto-algorithm would randomly buy during a downturn, only computers with preprogrammed buy orders would fire under those conditions. No one builds a computer to be the lone wolf betting against all the computers betting for failure.

Interesting. I thought most of these systems were essentially volume-based plays with a lot of stop order triggers that would definitely fire at good buying points if other indicators seemed fine. Learn something new every day.
MalcPow is offline   Reply With Quote