CryoPort Inc (CYRX)

[tigertrader]

Cport: Algorithmic programs are a trading tool, they are not intended for investing. They attempt to identify anomalies or imbalances in expected nominal values, whether it be price, or volatility, thereby identifying profitable SHORT term trading opportunities.

To say that fear and greed is what drives stock prices is so incredibly naive and simplistic, that it boggles the mind. It is what drives the novice trader, and its effect is usually short term. Your penny stock, lotto play parable is the dream of every trader,and comparisons made to stories like these, is the perfect example of how greed affects decisions(not drives markets)instead of objective analysis.

Technical analysis and price action is simply one tool in a trader's arsenal, that can aid in the timing of a trade or investment, but should be used in conjunction with fundamental analysis to provide a more integrated approach to price analysis.