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To: Cisco who wrote (870)9/30/2000 11:54:14 PM
From: Carolyn  Respond to of 4692
 
It seems to be self-motivated!



To: Cisco who wrote (870)10/1/2000 7:55:01 AM
From: Venditâ„¢  Respond to of 4692
 
Maybe this will help. Generally, stochastic (pronounced stow-KAS-tik, from the Greek stochastikos, or "skilled at aiming," since stochos is a target) describes an approach to anything that is based on probability.

In mathematics, a stochastic approach is one in which values are obtained from a corresponding sequence of jointly distributed random variables. Classic examples of the stochastic process are:

(1) guessing the length of a queue at a stated time given the random distribution over time of a number of people or objects entering and leaving the queue and

(2) guessing the amount of water in a reservoir based on the random distribution of rainfall and water usage.

The single most effective trading tool IMO.

askresearch.com

Now mix in a little java code and insert that into R/T 1 minute tick x tick charts and you have another useful tool in a volatile market environment.

I like your stochastic model and may insert it into a web page today.<g>

aci.net