Thursday, July 22, 2010

Alert: WSR Computers take over!

BLACK OUT: Our computer systems have been out trading us. The conflicting news and opinions have basically stalled our "human analysis" and our computers have been out-performing our opinions for the last 30 days-unfortunately we did not follow their advice. This is nothing new. You would think we have learned our lessons by now after 16 years of being defeated by them. I guess it is human emotions that hinder performance (no matter how long you have been playing this game). Our version of "HAL" has been spot on. They are in control for now. It seems appropriate since all of Wall Street have been using trading system almost exclusively the last 6 months.