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Re: RedStick post# 63268

Tuesday, 07/28/2009 5:34:25 PM

Tuesday, July 28, 2009 5:34:25 PM

Post# of 165854
I found it rather interesting, though it may be unpleasant to watch for some. The main character is obsessed with using computer models to try and find patterns in stock prices, and then use those models to make predictions of stocks. The fibonacci sequence and phi are central themes. Of course, his work is highly sought after by both an investment firm (MM) and also by some Jewsih mystics. He is also battling severe migraines and trying to understand those, which is what some who watch may not like. It's not for everyone (it's B&W), but I enjoyed it.

To expand on my point, what would stop the MM's from trying to play on the bid and ask prices to try to make a chart exhibit certain chart characteristics (buy or sell signals or certain candlestick or hammer formations) for the purposes of using the technicals to help do their "dirty work?" They could precipitate the decline by using the computer models as a guide, and then allow the chartists to do the rest.

To me, when I look at these fundamentals and an extremely positive PR with the NI report, I'm grasping for a reasonable explanation for what we've witnessed over the last few days, and some of these more seemingly outlandish thoughts start to make more sense.