The Paris Hilton Trading System
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."
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The Paris Hilton Trading System
Hysterical ! Thanks, Dave!
Friday, June 29, 2007 | 02:30 PM | Permalink
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» Paris Hilton Outperforms, Lindsay Lohan Not So Much from DealBreaker.com
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... [Read More]
Tracked on Jul 2, 2007 10:38:44 AM
Comments
I'm in love with my possition and I can't sell...
Econolicious
Posted by: ECONOMISTA NON GRATA | Jun 29, 2007 2:50:04 PM
What, no "nip slip" long positions?
Posted by: Bill a.k.a. NO DooDahs | Jun 29, 2007 3:12:35 PM
Is she marked to market or marked to model? Who is the ratings agency and how much is she paying them?
Posted by: Kevin Rooney | Jun 29, 2007 4:42:22 PM
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."
Posted by: Kp | Jun 29, 2007 5:26:16 PM
I believe ever since Paris made the police blotter the market for wood has crashed...
Posted by: Chief Tomahawk | Jun 29, 2007 10:00:12 PM
She be the 'homebuilder homewrecker'.
Posted by: Chief Tomahawk | Jun 29, 2007 10:02:37 PM
If she made another sex tape, would that qualify as an up day? Or would that be a day when the market goes down?
Posted by: cinefoz | Jun 30, 2007 8:18:32 AM
The market would go up; she would go down.
Posted by: Winston Munn | Jun 30, 2007 9:11:08 AM
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
Posted by: Michael Donnelly | Jul 5, 2007 9:56:32 AM
