From David Linton, CEO of the UK’s Updata Technical Service, comes this bit of whimsy:
"OK, it’s Friday and I couldn’t resist building on an idea mooted by a client recently. We have dubbed this the Paris Hilton Trading System.
I started out with the idea that you buy Hilton shares in the US on good news about Paris and sell on bad news, or indeed the other way round. But the results were fairly mixed and deciding what constituted good and bad was getting difficult. The Optimised Stop for Hilton is 3% with a 5 day signal delay and you should not take signals during a breach or within 23 days of the stop signal.
So if you are trading news algos just take every ‘Paris Hilton’ on those stop conditions. The result is the Equity Curve below."
>
The Paris Hilton Trading System
Hysterical ! Thanks, Dave!
I’m in love with my possition and I can’t sell…
Econolicious
What, no “nip slip” long positions?
Is she marked to market or marked to model? Who is the ratings agency and how much is she paying them?
Every time she or Kudlow or Manhattan Guy speaks…I think about Billy Madison…
“Mr. Madison, what you’ve just said is one of the most insanely idiotic things I have ever heard. At no point in your rambling, incoherent response were you even close to anything that could be considered a rational thought. Everyone in this room is now dumber for having listened to it. I award you no points, and may God have mercy on your soul.”
I believe ever since Paris made the police blotter the market for wood has crashed…
She be the ‘homebuilder homewrecker’.
If she made another sex tape, would that qualify as an up day? Or would that be a day when the market goes down?
The market would go up; she would go down.
Paris Hilton Outperforms, Lindsay Lohan Not So Much
How does the market respond to Paris Hilton news? In recent weeks there has been a flood of news and blog articles about the young hotel heiress as she was sentenced, jailed, freed early due to unspecified medical issues, jailed…
Blackstone to take Hilton private for $26 billion. Won’t be able to trade on Paris news anymore. Bummer.
Blackstone upped the ante on Tuesday, agreeing to buy Hilton Hotels for about $20 billion in cash. The deal, which was announced after the markets closed, also includes the assumption of about $6 billion in debt.
http://www.usatoday.com/money/industries/travel/2007-07-03-blackstone-hilton_N.htm