noad

Machoolahan's "Algorithmic Trading Thread"


grach - Wed, 20 Dec 06 :

...however I am taking a rogering on TPK, made good money on the way up from 1708 but when I reversed it, the bastard thing has just kept on going. Good few k down. Takeover ? mentioned it myself before but got carried away trading the swings and now I'm a bit stuck. We'll see.

Jonno, if thats the case, why is the US housing market in such a mess. See WMPY statement this morning. From the figs yesterday as well, inflation isn't really pegged at all, which takes out the possible rate cut next year, if anything they're going to have to move upwards. With volumes so light at the moment, I just cant see what is driving the markets. I'm at the stage where I'm starting to believe I know less than the little I thought I knew !

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