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<p>[QUOTE=&quot;Cloudsweeper99, post: 1242187, member: 3011&quot;]Possibly.&nbsp; It&#039;s tough to know what millions of traders and black box trading programs &quot;think.&quot;&nbsp; Most trades these days are executed without anybody actually making the decision.&nbsp; The big trading houses hire more math majors than finance majors these days to work on computer algorithms capable of trading millions of shares in less time it takes for you to press the execute button on your Scottrade account and purchase 100 shares.&nbsp; The days are gone when institutional investors examined balance sheets and profit and loss statements to find companies to buy or sell.&nbsp; A few anachronistic funds still do this, and it is probably the way most people think about investing.&nbsp; But it is no accident that formerly brilliant investment managers like Bill Miller can no longer successfully manage money.&nbsp; He is flying a Spad against opponents in an F-22.&nbsp; A couple of years ago I gave up traditional value investing methods in favor of a mechanical trading system more geared to the times.&nbsp; The past two days could not have happened before computerized trading, and it is difficult to know who knows what and why the market does what it does.[/QUOTE]</p><p><br /></p>

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