Re:Internet Bots: Anatomy of a Stock Selling Frenzy
by dant on Friday September 12, 2008 @12:16PM
(#302525)
The same thing could happen with people, someone finds an old story but doesn't realise it's old, tells a few people, starts a rumour and then traders sell off stock. At least with an automated system you can improve the algorithms.
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Re:Internet Bots: Anatomy of a Stock Selling Frenzy
by jwilliams on Friday September 12, 2008 @04:43PM
(#302673)
Yup - like the occasional trader that misses a decimal point and sends a stock whirling off in the wrong direction (most trading systems have mechanism to prevent this, but it still crops up now and then).
Whilst this is an unusual case - 99.99% of the time the access and currency of information available today actually makes for a much improved market.