Brookelise, would you not think that any allelomimetic approach to trading stocks should have at least a short lecture on the taxonomy of stocks? For instance, it is well known that boars (and thus hogs) and bears belong taxonomically to the same family, and should not be traded in the same manner as bulls and buffalo and other cud chewing stocks that are taxonomically quite separate. Similarly, chickens (oops, thaqt is going to get me into troubles with cOUSIN sHORTY) and other low lying fowls are taxonomically quite different from the like of eagles (or hawks?). I think that better understanding of allelomimetic trading approaches would greatly benefit from the introduction of metrics (and hierarchy) within each family of stocks, and the correct classification should define the Phylum (like "assets"), Subphylum (like liquid assets and illiquid assets), Superclass (common stocks, or debt, or convertible debt etc.), Class (by industry?), Order, family, genus and even species. Once the full taxonomical classification is complete, trading should be a cinch, we should know exactly what the behavior of that entity would be under any set of exogenous circumstances.
Zeev |
