Looking at the charts that are reported to be the beneficiaries of POMO, it seems as soon as they get in now, they look to be getting out just as fast.
Tuesday, September 28, 2010
Who's the Frontrunner?
Last night I speculated that the face of POMO run-ups may quickly change. On Wall Street, as soon as behavior becomes predictable, it will be taken advantage of.
4 comments:
On Wall Street, as soon as behavior becomes predictable, it will be taken advantage of.
I like this quote. It seems to me the market is simply shaking the trees at the moment. I dont think POMO has much to do with it.
rotation to the semis here?
SMH showing the same distribution as the charts above
Thanks QS-I made that one up myself! Maybe it'll catch on. Seriously, though, look at technical analysis, the patterns the constant failures and running the stops.
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