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Description - Chasing the Same Signals by Brian R. Brown

Conventional wisdom suggests that markets are efficient, random
walks and that stock prices rise and fall with the fundamentals of
the company. How then have black-box traders prospered and how do
they exploit market inefficiencies? Are their strategies on their
last legs or will they adapt to the new landscape amidst the global
financial crisis?
Chasing the Same Signals is a unique chronicle of the
black-box industry's rise to prominence and their influence on the
market place. This is not a story about what signals they chase,
but rather a story on how they chase and compete for the same
signals
 

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