Hedging HAL
By GCRU Gold News on Tuesday, November 3 2015, 22:21 - Permalink
It is increasingly clear that algorithms can work fantastically to accentuate (or <gasp> manipulate) short-term trends.
The trouble with this logic is that HAL should have stayed long on the breakout in this chart (it was a breakout) & multiplied his profits.
It is easy to explain away manipulation but to be correct in one's assumption - that is another reality. And most who undertake to explain it away have flaws in their assumptions