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Back to program trading ...
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Excuse me if I invite myself, but in my opinion, you have to choices (as nearly always) if a program signal appears: Join it, or fade it.
Well, the PREM stuff makes sense to me, even if I don't use it.
BTW, for a long time I worked on algos, but currently I like using my brain, one of my fingers, for a click.
But at some point I will reach my goal with algos.
Well and I see algos from others, just don't ignore them.
Hal
P.S.: IMO we are already watching Terminator 5: "If you can't beat them, join them!"