Edited and replaces last reply. In 2005 we transitioned to the market as a System of Systems. The Post to which this is a reply now archived in the threads header, spoke to elevating understanding. We advised properly to find and replace notions about actors within social network parameters, as objects, stocks, who reside within systems..thereafter subject to prevailing systems intent. This combination can never be undone.
Stocks under observation, provide many clues about the market, assisting us in authenticating what would follow later by inserting the following paragraph.
Mr Pensinger,""The variables in the quantum wave equation are multivalued: for every value of x there are a multiplicity of corresponding values for y. Two different notions of identity are involved here, one simple and one complex. An entity with simple-identity, when in motion, carries very little holistic information about the system of which it is a part. An entity with complex-identity, when in motion, carries a large component of holistic information about the system to which it belongs." ....
The Paragraph above describes a synthesis of the two pieces, and therefore sets the standard for observing the market as a System of Systems, with particular characterization as defining at once Risk and identity. Risk from Whom? Is awareness about the important adjustment in mental process which is required. Everywhere else; Risk is generally characterized to come from simply bad stock selection, which we know now, is patently untrue.
Stocks have complex identity, they have influences that are largely determined by systemic behavior. Systemic behavior is complex, no matter how one views them, the behavior of price is conditional on the influences asserted by host systems. This understanding, provides more refined awareness about why we describe Prices as Artifacts of prevailing Systems intent.
Perhaps 2012 will be the year when this revolution of mind is codified within the brains of the multitudes of observers, enabling Quantum economical characterization to resume its natural trajectory. |