Not another "flash crash" !!!

Eric Hunsader, founder of Nanex, a Winnetka, Ill., data firm, told Barron's that he has reason to believe that a Flash Crash 2 is possible. Suspicion is high due to high volumes of quick trades made in the month of March. His point being that there is a growing trend to let computers automatically adjust to preset levels, to buy or sell, it's quicker than human's. Robotically making trades can make the markets crash. On May 6th of last year, the infamous "flash crash" sent major markets down 9% in just 15 minutes! Temporarily, $1 trillion of the market value disappeared. Automated systems are programmed by mathematicians whose ultra short-term strategies have radically altered markets. And while there have been flash-crash fixes, they haven't stopped the new invaders, which are orders of magnitude faster. Having the fastest, newest technology becomes so important to traders to make adjustments but they will never be faster than automated computers.