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Technology Stocks : Intel Corporation (INTC)
INTC 37.67-0.4%12:01 PM EST
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To: Ali Chen who wrote (165779)6/4/2002 8:06:12 PM
From: BelowTheCrowd  Read Replies (1) of 186894
 
> I am certain that there are experts who know how to model
non-stationary systems with memory using
integro-differential methods, who could explain all this. <

There are people who claim to be able to explain all this.

They call themselves "technical analysts." While I find some of their tools useful as a structured way of understanding market psychology, I think they are less and less useful for looking at longer trends, and tend to assume too much about the longer term "memory" of the market.

mg
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