Odd Things Happen or Almighty Algorithms

One might swear that this is the same graph with different labels. This is either a data error, or a very odd coincidence indeed.

Chances are that what we see here are the algorithms at work. So, any question about whether or not these things can be programmed to deliver any result one wishes have just been answered.
Note to self: Tin foil alert, must adjust hat.

DJIA as of June 29, 2009

DJIA as of June 29, 2009

S&P 500 as of June 29, 2009

S&P 500 as of June 29, 2009

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3 thoughts on “Odd Things Happen or Almighty Algorithms

  1. Pingback: More Odd Things Happen « Zeropoint Field

  2. Yes, many charts look the same these days. For example, check out XOM and CVX and you see the same pattern in both stocks. Part of the impact is likely the ETFs that make the shares in their index trade the same way, with the occasional exceptions of stock-specific moving news that change the pattern. That is why market timing is more important than stock selection these days. Example: http://invetrics.com

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  3. Check the s&P against all other indexes, and stocks. the s&P is the bellweather. all other indexes follow suit with either an upside bias or downside bias when the s&p hits fib numbers of leg retracements, . put charts side by side, s&P, dow, nasdaq, russel. there is a rhythm to the market, always has been- always will be. It just is,

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