Flash Trading

After the recent 1000 point "mistaken" stock market drop.

Anybody who knows anything about "algorithmic and flash trading" and who has seen my e-mails on subject must be laughing himself absolutely silly by now!

I suddenly appear with doubts based on biblical studies written during the Dark Ages.

All this stuff has evolved so fast and is changing so quickly that one has to be a mathematician to begin to understand what has already happened and what can occur in future.

I begin to wonder whether there is any place at all left for "fundamental" research and trading based on such obsolete factors as financial standing and industry ranking.

If you don't get any of this, it's because I haven't the foggiest idea what I'm talking about. For example: what on earth are "ultra low frequency networks" and what does any of this have to do with Graham and Dodd and the "Omaha Oracle"?

And does "Fundamental Analysis" have any place in markets designed by engineers and mathematicians
and run automatically by self reprogramming super-computers which are scalping and reversing in an instant? Or is security analysis reduced to an evaluative number factored into any and every equation?

They tell me I have Alzheimer's, so try to find some answers to these riddles quickly before I'm completely bonkers!


Ennalls