News for hackers. Stuff that matters.
Re:1TB Hard Drive Prices up 180% in a Month by abhaga on Sunday November 06, 2011 @02:11AM (#3202088)
What are the chances that some news crunching system at a trading firm caught up on this development and predicted the up side on the Seagate stock? I am interested from the technology point of view. Do we have deployed systems that are able to pick up on such connections?
Re:1TB Hard Drive Prices up 180% in a Month by QuoVadis7 on Sunday November 06, 2011 @04:02AM (#3202213)
I've heard of a trading company doing something like this: they parse Bloomberg's news stream for keywords and place orders accordingly.

Not sure they'd be able to connect flood in Taiwan with, say, Seagate stock based on Seagate NOT having plants in TW. Shorting stocks of the companies in electronics industry or some index like NASDAQ is feasible, though.

Re:1TB Hard Drive Prices up 180% in a Month by gujk on Sunday November 06, 2011 @10:34AM (#3202870)
That is simple to implement. All industry members in Thailand (not Taiwan) take a hit. All competitors to companies that take a hit get a bonus.
Re:1TB Hard Drive Prices up 180% in a Month by anigbrowl on Sunday November 06, 2011 @02:54AM (#3202140)
Don't need a computer for that, when one has analysts. I posted a business article about this three weeks ago, and it sank like a stone. Traders know exactly where big factories are.
Re:1TB Hard Drive Prices up 180% in a Month by robryan on Sunday November 06, 2011 @04:10AM (#3202226)
You do need a computer to act on the information before everyone else has the same information though.
Re:1TB Hard Drive Prices up 180% in a Month by borism on Sunday November 06, 2011 @04:05PM (#3203845)
I wouldn't think getting HD-making-factories flooded is such a good thing for HD-manufacturers.

I'll be the other side of this trade.

Re:1TB Hard Drive Prices up 180% in a Month by belbn on Sunday November 06, 2011 @02:12AM (#3202090)
Lets build it!