Travelling Timmy

Off to UK, will surface at econ talk in London tomorrow.

So, play nice while I’m gone.

27 thoughts on “Travelling Timmy”

  1. One of the few advantages of the internet is that at least we won’t be bishing each other on the nose 🙂

  2. Probably just as well you’re not around. No doubt one of your blogs would have been on the scandalous position of Shami Onionbhajee as shadow attorney general which would have wound us all up to intense swearing racist culturalist sexist fever pitch

  3. So Much For Subtlety

    I like the idea of Shami Whatshername being appointed to such a plum position. It makes the hypocrisy of the NGO Left clear. We all knew they were in the tank for socialism. Now it is obvious.

    You know, speaking as someone who often makes that racist culturalist sexist fever pitch argument.

  4. So Labour party have given a peerage to someone whose only talent is to write a report telling them what they wanted to hear. Still, at least it’s not Ritchie

  5. Yeah, Shami Chookiebutty has given a bad name to “Liberty” which was once a perfectly honest Communist front organisation. I suppose you could say she’s joined a perfectly honest Communist organisation by joining the Shadow Cabinet of BritRevKomJez.

  6. Makes sense. In the short term financial markets are an exercise in mass psychology, and Twitter gives some insight into that.

  7. “Lady D’s eminent position”

    If that’s Abbott, you mean flat on her back like an inverted beached whale, legs in the air, being porked by Corbyn?

  8. So Much For Subtlety

    Oh come on. Who can imagine Corbyn on top? He is more likely to be fearfully holding the sheets up to his nose, quietly weeping and begging Ms A to be gentle.

  9. I can imagine a bull elephant seal being too ashamed to admit to his mates that he’d done it with Ms Abbott.

  10. Rob

    “These days some algorithms trade on the back of news sites, and even what is trending on social media sites such as Twitter”

    If your goal is to make money rather than to invest, then sure. It’s rather like having a simple electrical circuit which is coupled to a noisy signal and which has a diode to rectify the noise and a capacitor to hold the charge. The noisier the source the more charge (wonga) piles up in the capacitor (bank account).

    It’s not investing, it’s a cross betwixt harvesting and La Vegas.

  11. Twitter is manipulable, for folk who know what they are doing – and who normally charge big bucks for it.

    But I wonder if they could make even bigger bucks if they could team up with someone who knows how to work algorithmic trading… got to be an opportunity there for someone.

  12. MBE

    “But I wonder if they could make even bigger bucks if they could team up with someone who knows how to work algorithmic trading… got to be an opportunity there for someone.”

    But that would be.. unethical!

  13. If this is the level of chaos that can be caused markets are going to have to start regulating to dampen these risks at some point to ensure confidence remains. Wonder how many stocks have had trading suspended or even entire exchanges in the last 10 years vs earlier periods.
    Right now it looks like the penny stock talk up type scam and market manipulation is a lot easier to execute and harder to police than ever before.

  14. So Much For Subtlety

    MyBurningEars – “But I wonder if they could make even bigger bucks if they could team up with someone who knows how to work algorithmic trading… got to be an opportunity there for someone.”

    The US has just convicted someone for essentially panicking the algorithms. He worked out how to trigger them into selling. Now there is nothing remotely illegal about that but it was like the Hunt brother’s attempt to corner the silver market – they will, and did, respectively change the laws to punish you for not playing by the rules.

  15. I can’t imagine why any sensible person takes prima facie notice of anything on Twitter. It preselects for people having an opinion they wish to disseminate. There’s a principle that guided me successfully through life. When someone insists on telling me something, my interest is less in what information they’re imparting than the reason why they wish me to know it. So the question is: they’re trying to sell me something but should I be a buyer or seller?

  16. Whenever there’s a bit of inconclusive off-the-ball fronting up to each other on a rugby field that stops short of full-blooded fisticuffs the commentators invariably describe it as handbags.

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