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Flash Crash redux?

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  • #1

    Flash Crash redux?

    Scary stuff for those who invest.

    Flash Crash Threatens to Return With a Vengeance
    http://www.cnbc.com/id/45822986
    What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East. The Financial Times reports


    A full 18 months have passed since the strange episode that caused the Dow Jones to tumble 650 points in half an hour, wiping $850 billion off share prices, before rebounding. Since then, the issue has faded from view amid the eurozone drama.

    But to this day, nobody has fully explained what really happened on May 6. Nor is there any evidence that the fundamental problems that caused the flash crash have been resolved. That leaves some scientists fearing that not only is a repeat of that flash crash possible, but it is probable — and next time round, it could be even more damaging.
    If DMT didn't exist we would have to invent it. There has to be a weirdest thing. Once we have the concept weird, there has to be a weirdest thing. And DMT is simply it.
    - Terence McKenna

    Bullshit is everywhere. - George Carlin (& Jon Stewart)

    How old would you be if you didn't know how old you are? - Satchel Paige
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  • #2
    sentient algorithms testing their powers....
    "You know what's wrong with America? If I lovingly tongue a woman's nipple in a movie, it gets an "NC-17" rating, if I chop it off with a machete, it's an "R". That's what's wrong with America, man...."--Dennis Hopper

    "One should judge a man mainly from his depravities. Virtues can be faked. Depravities are real." -- Klaus Kinski

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