Do you follow the robots?

[Timothy Clontz]

If it gaps away from the Robot price today, they reset it for tomorrow -- until it hits.

Then they KEEP resetting it for those who missed it the first time :-)

I'm a real fan of the simplicity of it.

[Neil Stoloff]

If it gaps away from the Robot price today, they reset it for tomorrow -- until it hits.

Right -- but what if the signal reverses before the target entry price -- initial or subsequent -- is hit? Is it recorded as "no trade"? This is just one aspect of the robot's hypothetical track record that I'm trying to reconcile with real-world realities (or, er, hypotheticals).

I value the simplicity of the robots too, Tim, but am reminded of something Warren Buffett said about successful investing: "It's simple, but it's not easy."

Cheers,

Neil