We've seen this kind of algorithmically-controlled oscillation before... [2]What Happens Next?
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/news/2013-05-29/damped-harmonic-oscillator-algo-exorcism-fannie-mae
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2015/02/20150218_WTI.jpg