Reading the tape

Reading the tape

Judging the performance of stocks by monitoring changes in price as they are displayed on the ticker tape.

Read the Tape

Informal; to observe transactions on the market without participating. Investors generally read the tape in order to identify buy and sell points. Regulators may also read the tape to look for evidence of illegal or unethical trades.
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By just reading the tape you can see a lot of what the other guys are doing.
Former McKinsey Consultant to Host GoldenNetworking.net's High-Frequency Trading Leaders Forum 2010 and Monthly High-Frequency Trading Happy Hour
The first is calculating a check sum during the backup process, then reading the tape, recalculating the check sum and doing a comparison--they should be equal.
Plan for the worst, hope for the best: backup & disaster recovery, part 3

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