Quote:
Originally Posted by matty088
I have worked at very large hedge funds for two decades and I can tell you with certainty that Nobody knows what the stock market will do i the short term
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Matty, do you think the introduction of automated computer-assisted, high speed trading has compounded that problem? I wonder if 20, 30, years ago people actually had a better idea of where the market was going. Seems like now a days, we have these computers making billions of trades a day at lightning speed, running algorithms that no one really understands. You've seen the changes over 20 years. Whats your take?