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

Paris

Hysterical !  Thanks, Dave!

Category: Economy, Financial Press, Technical Analysis

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

10 Responses to “The Paris Hilton Trading System”

  1. ECONOMISTA NON GRATA says:

    I’m in love with my possition and I can’t sell…

    Econolicious

  2. Bill a.k.a. NO DooDahs says:

    What, no “nip slip” long positions?

  3. Kevin Rooney says:

    Is she marked to market or marked to model? Who is the ratings agency and how much is she paying them?

  4. Kp says:

    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.”

  5. Chief Tomahawk says:

    I believe ever since Paris made the police blotter the market for wood has crashed…

  6. Chief Tomahawk says:

    She be the ‘homebuilder homewrecker’.

  7. cinefoz says:

    If she made another sex tape, would that qualify as an up day? Or would that be a day when the market goes down?

  8. Winston Munn says:

    The market would go up; she would go down.

  9. 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…

  10. 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