Quote from Rodney King:
.. I haven't had a chance to read through the uncorrected proof that Mr. Sykes graciously sent our office (thanks!) but a colleague read it and wrote up this thumbnail: "Tim enjoyed considerable success daytrading microcap stocks from 1999-2002 and credits his profitability to finding a niche and identifying correlations between news and price patterns, although he doesn't seem to conduct formal statistical testing of these patterns. As of 2002 he adopted a short bias and has understandably seen mixed results since. He writes about marketing limitations placed on hedge funds, which he largely blames for his inability to raise funds (he has ~1.5 aum). Seems like an intelligent guy with a deep interest in markets and bright future prospects ." When I read the book myself, I'll send Mr. Sykes my thoughts privately.