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"These computer programs make decisions in microseconds, far faster than human beings can react. In the 1929 stock market crash, it was human beings using the telephone to flood their stock brokers with sell orders that clogged the ticker tapes for hours.
What Saluzzi is telling us is that we're headed for a different kind of crash, where blindingly fast computers will be competing with each other to sell as quickly as possible.
As I've been saying for years, Generational Dynamics predicts that we're headed for a generational panic and crash, the first since 1929. Some people believe that the stock market has already crashed, but it hasn't been even close."
The fascinating article is appx 7 pages long.
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