No the house-burning exit hasn't been tested :-) and coffee shops I never use so you may have a good point there.
best regards,
herman
Sunday, April 22, 2007, 10:01:44 AM, you wrote:
> Hi Herman,
> Sunday, April 22, 2007, 9:04:13 PM, you wrote:
H>> Even if the house burns down you can go to the coffee shop to close your trades :-)
> "The house burns down" would not necessarily be a robust exit signal.
> Have you back-tested this?
> ^_^
> Besides, there would be at least six hackers at the coffee shop who
> would steal your account name and password and then sell them to some
> Bellorussian who would use them in a pump-and-dump scheme. You'd
> quickly find yourself long about 1,850,000 shares of 'Chinese Phantom
> Industries', (only 0.0452 US$ cents per share, mind you, but about
> 990 percent above the real market, assuming there even was a real
> market).
> And I'm an optimist. ^^_^^
> Yuki (pseudo-apologies to Levchenko-san, or however you might render
> his authoritarian name in Roman letters -- the history books have a
> special place reserved for you, pal)
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