[jqpabc123]

In other words --- what you and I think isn't nearly as significant as what others are persuaded to think.

For example, I personally think TSLA is way, way, way over bought. The reasons for this are many and varied but still largely irrelevant. My opinion didn't stop an "analyst" from issuing a buy recommendation yesterday with a target price of $265.

Maybe this "analyst" has clear, logical reasoning with supporting computer analysis --- or maybe his grandma is just heavily bought into TSLA. In any case, the stock jumped 2.5% yesterday.

Bottom line --- everybody and his brother is using software. But opinion and psychology remain significant factors that defy computerization. The market can still stay irrational longer than you can stay solvent.