Did I hear somebody say Flash Crash? Zero liquidity meltdowns driven by computer #1 ( we’ll name Randolf Duke) signaling computer #2 ( we’ll name Mortimer Duke) to sell! sell!!!! Sell Mortimer Sell!!!! This is the world we now live. I guess all those sweating bodies spitting ,hitting and picking each others pockets wasn’t the worst invention. Pit trading where people, ” living bodies”, actually made 2 way markets. We have this kind of volatility because we live in a world of market takers not market makers.
One way trading will continue to be a fact of life. Lemming Effect Trading!
