tag:blogger.com,1999:blog-17555522.post2284552715072050165..comments2008-03-15T10:50:43.975-07:00bwhttp://www.blogger.com/profile/07541279438184352860noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-17555522.post-68136140032395137032008-03-15T10:50:00.000-07:002008-03-15T10:50:00.000-07:00Funny that you should mention the 1930's bw. <BR/><BR/>Correct me if I'm not mistaken , but don't we look like we're in the same zeitgeist again, with huge excess followed by a precipitous abyss beyond? Another trend is the post centennial depressions that have happened around 10-12 years after the turn of the century. Even to 100 year mark if you observe that the current US recession started in the last quarter of 07.<BR/>http://en.wikipedia.org/wiki/Panic_of_1907<BR/><BR/>The whole point I guess is that this time it will be a good test of whether or not silicon minds are better than human ones.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17555522.post-26708094239810827182008-03-14T23:27:00.000-07:002008-03-14T23:27:00.000-07:00that's right no one lost money before program trading. Nothing like a great depression in the 1930's or recessions <BR/><BR/>http://en.wikipedia.org/wiki/List_of_recessions<BR/><BR/>http://en.wikipedia.org/wiki/List_of_stock_market_crashesbwhttp://www.blogger.com/profile/07541279438184352860noreply@blogger.comtag:blogger.com,1999:blog-17555522.post-30173603470926034962008-03-14T18:30:00.000-07:002008-03-14T18:30:00.000-07:00These days all anyone has to do to wipe out a few billion dollars in paper wealth is sneeze on a hedge fund and watch it implode.<BR/><BR/>If 80% of American financial market transactions are made by AI, then <BR/>the current state of American markets is an absolute indictment of the failure of AI to trade safely or sanely.Anonymousnoreply@blogger.com