I was going to show you, and the thread where you are wrong mathematically. But feel that you'd just brush it off in your usual way.
"In order to analyze a dynamic system, an accurate mathematical model that describes the system completely must be determined. the derivation of this model can be based upon the fact that the dynamic system can be completely described by known differential equations... or by experimental test data. Thus the ability to analyze the system and determine its performance depends on how well the characteristics can be expressed mathematically."
Linear Control Systems Analysis & Design
John J. D'Azzo
"Any linear time-invariant system must incorporate all known variables reguardless of significance. And as such must include all known data."
Sure sounds like you must include volume/trade, trade numbers, bids/asks, foreign markets trades, outstanding shares, free flowing shares, interest rates, and a host of other data. And THEN after all is known a true dynamic system can be created.
"You have made various criticisms in the past based on what you don't understand. Cross trades, off-board trades, expiration, open close aggregation, program trading, and many other net zero phenomena are irrelevant."
They become relevant if others trade based on the info. Which is why basic TA itself becomes important. This has nothing to due with uncertainty principle, Dirac equations or wave functions. Since sentiment is often based on what the TA offers. And this is why many an internet stock has reached it's valuation. Ignorance of this, suggest a fallacy in your system. Failure to recognize this, shows your arrogance.
"What can be known is the raw every trade data and how it is assessed by an appropriate model."
And transferring my shares into an RRSP account affect your analysis; HOW? Ownership was never seperated, but the trade goes through the market. Usually at bid/ask.
"Since it costs nothing to post b/a, you could lie a lot that way."
And execution of a trade into a posted b/a says even more. And since bids/ask are dynamic in nature, they become even more important. Pulling a bid is very important. You can brush the market depth away, by assuming it is secondary to the frst values, but the size and prices are very important.
Any analysis is only as good as the depth, or dimension one takes the analysis to. You only consider one dimension.
Have a profitable trading week... |
