Black Monday Memories & More.

 

Markets will fall again. Live with it.

Black Monday 1987¬†should remind investors that markets are people, people are irrational and “crashes” are part of the territory, unless you listen to Modern Portfolio Theory loons who believe market derails can only occur every 4,000 years.

Thanks Tom Zizka for the Fox interview.

 

One of the best interviews regarding the conditions high-frequency traders create:

http://www.moneyscience.com/pg/newsfeeds/Admin/item/380964/mark-cuban-highfrequency-traders-are-the-ultimate-hackers

Random Thought:

Happy Saturday!