Ep. 718: Time to Blame the Computers Again with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Effect of Computers on the Stock Market
"The sell off after the stock market's gone straight up for 10 years, a 1 or 2% drop is a sell off. It's the end of the world," he says. "We're talking about code by humans and their capital making buy and sell decisions based on what they think is best at that moment" He adds: 'How does one know where we are at any point in time? You don't'
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