Sunday, December 22, 2019
Others know the Seven Second Rule
Apparently I'm not the only one who understands the Seven Second Rule.
Polistra's seven-second rule: When you tune into a radio program, you know what it's about in seven seconds. You don't need to go beyond. Repooflican radio: Seven seconds to ZERO_TAX. Dem radio: Seven seconds to RUSSIAN_MEDDLING. BBC: Seven seconds to CLIMATE_CHANGE. NPR: Seven seconds to LGBTQQ2AIZBUPEX.
Via Guardian, front-running stock satans understand the rule.
Eight seconds may not sound like a long time. But in the modern financial world, it’s a valuable head start that can give traders a crucial edge. That’s why the Bank of England will be mortified that some traders have been listening to its press conferences before the rest of the City was able to. Traders who had shorted the pound, having seen the grim forecasts, would have suffered losses as it strengthened. But a speculator with their ear pressed to the Bank’s hacked audio feed could swiftly sell dollars and buy pounds when they heard Carney sounding optimistic, then do the opposite at a profit once the rest of the market caught up.The hacker Satans were able to gather enough Satan-info in eight seconds to place their Satan-bets before other Satans. ¶ 9:55 AM
