The FTSE 100 rallied as the GBP fell and i was in ore of the herd. As i loaded my Sniper Rifle and took aim, i waited patiently to see when the sheep would fall off the cliff and retreat. Before pulling the trigger I wondered too myself if every one was a hunter, the markets would be a very dangerous place. I came too the stark realisation that i actually need...
The Pound Flash Crash is being blamed on those faulty algorithms again. I believe this to be Utter Bo***cks, the Computers saw the major flaw in the economy and tried to off load too quickly. Computers don't act on emotion they only act on numbers and currently the numbers don't add up.
But we the Investors need to take a long deep and stern look at ourselves in...
