Jesse's Café Américain

Saint Michael the Archangel, defend us in battle; be our protection against the wickedness and snares of the devil. May God rebuke him, we humbly pray: and you, Prince of the heavenly host, by the power of God, thrust into Hell Satan and all of the other evil spirits who prowl about the world seeking the ruin of souls.

Showing posts with label program trading. Show all posts
Showing posts with label program trading. Show all posts
06 May 2010

PLUNGE! 1987 Style Sudden Drop in US Stocks Driven by Program Trading and a Ponzi Market Structure

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“Lasciate ogni speranza, voi ch'entrate." Dante Alighieri, The Inferno, Canto III, 9 US equities were gripped by panic selling as t...
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