Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: sciAticA errAticA who wrote (32498)	4/26/2003 9:37:24 PM
From: sciAticA errAticA	Read Replies (2) of 74559

Prediction: The future of the USA stock market Didier Sornette, Professor of Geophysics Department of Earth and Space Sciences University of California, Los Angeles ess.ucla.edu excerpt: Based on a theory of cooperative herding and imitation working both in bullish as well as in bearish regimes, we have detected the existence of a clear signature of herding in the decay of the US S&P500 index since August 2000 with high statistical significance, in the form of strong log-periodic components.

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