contributor and technical analysis guru Dick Arms recently took a look at the market conditions that led up to the "Flash Crash" of May 6, 2010, and considered the possibility of a similar event unfolding in the future. He sent the following report to his clients earlier this week and has graciously allowed us to republish it here.

This report investigates the anatomy of a crash and explains how to spot the warning signs early enough to protect yourself.

We're grateful to Mr. Arms for the opportunity to showcase his ideas for how we got here and where we might be headed.

Read the report

and make sure you're ready for the next "black swan" event.

This article was written by a staff member of