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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Eddy Blinker who wrote (66939)1/17/2001 7:25:21 AM
From: Julius Wong  Read Replies (1) | Respond to of 99985
 
>> a efficient market hypothesis as far as NASDAQ is concerned is pure Hollywood dreaming.

I agree. In the short term, the market is often away from the equilibrium position. In the long term, the market tries to stay at the equilibrium position.

Julius



To: Eddy Blinker who wrote (66939)1/17/2001 11:15:33 PM
From: Julius Wong  Respond to of 99985
 
Eddy:

>> my mathematical collaborator is not speaking to me any longer. Ever since I suggested to him to teach the neural network the fine art of cheating and shortchanging

In research, this is to use a "heuristic" approach, not "cheating". Many research papers are based on heuristic approaches, and nobody call that "cheating".

Regards,

Julius