Chip Anderson

April 2015

Chip Anderson

Single Rogue Trader Charged with Causing "Flash Crash" of 2010

by Chip Anderson

It's amazing to me that one person could cause such behavior in the market.  While his behavior appears to be criminal, the system(s) that allowed this behavior are also to blame. http://www.justice.gov/opa/pr/futures-trader-charged-illegally-manipulating-stock-market-contributing-may-2010-market-flash - Chip Read More 

Chip Anderson

Announcing the "Perfect Head & Shoulders Example" Contest!

by Chip Anderson

Greg Morris and I are on the hunt and we are hunting rare, exotic game that is elusive, difficult to spot and even harder to capture - chart patterns.   Not just any chart patterns either.  Not your run of the mill Double Top or Rounding Bottom pattern for us.  No sir.  We are hunting the legendary "Perfect" Head and Shoulders Reversal.  Now, before you scoff, note that I said "Perfect."   By "Perfect" I mean "Edwards & Magee" perfect.   The gold standard of H&S reversals.  Pure not only in its symmetry and in its predictive outcome, but also Read More