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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: jim black who wrote (3427)5/4/2001 11:30:32 AM
From: smolejv@gmx.net  Read Replies (2) of 74559
 
Hi JB: May I suggest a very sound reading in between the chapters?

prudentbear.com

Re derivatives - as a physicist (hey, this is slowly becoming a Leon's club for Gods sake...) I had a full share of theory and practice on derivatives. Here's one:

dP/dt = Rate * P

This is ...(Multiple answers allowed):

a) time derivative of P is something times P itself... Huh?
b) Gimme a break, that's a simple linear, first-order diff. equation - solution P(t) = P(t=0) * (1+ exp(rate * t))
c) this how the interest works on my capital
d) this is how the bomb works (which bomb?...)

dj
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