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Non-Tech : Quote.com QCharts

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To: Temple Williams who wrote (13524)4/13/2001 3:46:55 PM
From: ahhaha  Read Replies (5) of 17977
 
All you've managed to do is put yourself down on the list of fools. A graphic representation contains no more information than the raw data it portrays. In fact, it tends to mislead by using the brain's tendency to find patterns, but find patterns in what? The same patterns occur in random processes like coin tosses.

If there is any information in a graph, it can be extracted by a program that simply says, "buy or "sell". Such a program isn't that difficult to write. It would do all that your eyes can without the self deception and eye strain. The set of derivatives and derivative polynomials captures whatever there is in price.

That's nothing, because price doesn't predict price, and price has no momentum, no necessary connection with yesterday's price, only the connection of great expectations residing in the puny minds of patzers. They are discrete events. You can't even begin to get an analytical handle on the machinery until you accept and build on that. Is there a physics theory that jointly deals with discrete and continuous phenomena? There is, but none of you SI clowns are anywhere near to having the ability or inclination to go there. You prefer reading TA leaves.
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