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Forum - Wall Street Pit    Stock Due Diligence for All

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From: ramaji (Rep: 661)Date: 04/24/2014 09:45
Forum: Wall Street Pit - Msg #2469140Thread #673657124 (Rec: 0)
"this is also why the short-term quant data suggests new highs versus more traditional metrics." Putting Kirk's comment another way, algorithmic trading has been "programmed" to trade these patterns. Until we see a breakdown of this pattern type trading, the markets will likely move in the direction of its current longer-term trend and that is higher at the moment.

http://m.seekingalpha.com/article/2159853

In other words the computers are programmed to go higher no matter what
$11 trillion in printing and they still need to juice it, odd...

Sent from my IPhone

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