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Re: RedStick post# 63254

Tuesday, 07/28/2009 4:38:42 PM

Tuesday, July 28, 2009 4:38:42 PM

Post# of 165854
Speaking of patterns. Did you ever watch the Aronofsky flick "Pi"? There was a firm in the movie called Lancet Percy, and they kept trying to get the protagonist, Max Cohen, to help them try to employ his computer models to predict stock prices. This movie was made ten years ago, imagine what is being done today.

For instance, just look at the website for Knight Capital Management. "In Knight's current advertising campaign, artist Marius Watz used historical trade data to visually interpret our science of trading. The result was a series of striking algorithmically-generated images representing Knight."

I'm reminded of this today, because of the 5 day pattern that was pointed out.

We talk of L2 and L3, the MM's are on L4 at least figuratively. They know what bid and ask you are thinking about before you even put in the order. They know the technicals, they know the L2 and L3 and have supercomputers that tell them what amounts to L4. That may be a stretch, but my point is that they likely have computer models that are telling them price points for bid and ask to yield the outcome they desire.