“I'd rule out high speed trading since it's done with computers and works only 
because it interacts with people trading.”

Increasingly there are volatility hazards that arise because machines are 
talking to machines in a multiparty fashion via the trading system and this 
happens at a frequency beyond what people can fathom.    It takes on a life of 
its own.

Planetary weather patterns seem like a decent example, but biology sneaks into 
that one too.

Marcus


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