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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Canuck Dave who wrote (42446)12/4/2003 10:00:50 PM
From: Roebear  Read Replies (2) of 74559
 
Canuck Dave,
Agreed, we will move on, adapting to new rules of an altered game.

One large reason I see the game changing within 5 - 10 years is the ability of computers to recognize patterns will reach and over reach human ability by then. Future AI, neural net, supercomputers, being able to use pattern recognition, will put chart readers like I in the same class as buggy whip manufacturers. I already see some morphing of the reactions to chart patterns beyond the normal changing seasons of the market or the shenanigans of the market players.

Like Pezz said, the game will go on as gambling seems a permanent human vice. My point being, I don't think it will be the same game. We will have to change with it, now that's not a new idea, but the speed and scope of that change will be.

Don't ask me for particulars, I'm still working on it, ggg.

Best,
Roebear
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