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Non-Tech : Quote.com QCharts -- Ignore unavailable to you. Want to Upgrade?


To: LPS5 who wrote (13535)4/14/2001 1:51:18 PM
From: ahhaha  Read Replies (1) | Respond to of 17977
 
You need not be so general nor so shifty. Quantum Mechanics will do which is essentially indistinguishable from statistics except for operator ordering or noncommutativity of observables. That feature doesn't change the necessity of reaching at the continuum limit classical physics while retaining at discrete limit quantum mechanics. From a tops down approach field theory is imposed on the quantum oscillator or from a bottoms up approach the quantum oscillator forms the vacuum ground state of the field continuum.

L2 is very important for the hacks on this thread. It's part of the bloat doctrine of give the fool's whatever they want. As you suggest L2 is worse than useless. It misleads the hacks into believing that the instantaneous action has any implied connection to the next instant. Thus they engage in misapplication of continuum mechanics.

Their conscious experience is built around the classical physics that they observe, so they connect the dots and find the forms putting their macro experience onto a phenomenon which won't tolerate such integration. The events are not causal. They're discrete and disconnected forcing one to apply a theory of statistics, stochastics(nothing to do with the way the term is used by hacks), in an appropriate manner.

The statistical physics application of Fourier to Boltzmann to Bachelier to Planck to Kolmogorov is the only way to handle these ensembles. Fortunately, but after the fact, the trade action can be measured. When organized under a theory of quantum statistical hydrodynamics taking a Schrodinger form yields stochastic differential equations whose solutions provide the eigenstates of the order flow dynamic.

This is the chief value of Quote.com. It provides the every trade raw data from which the market state can be computed. That's all there is when it comes to formal analysis of stock market data. If you know the state, and know the transitional probability amplitude, you can compute the instantaneous probability of the outcome of a preferred state. These states are randomly distributed under continuous time, but not under discrete subsets of time. That's the key to why Schrodinger is introduced into the field equation form. In a way it's similar to quantum localizability, that is, an electron isn't randomly distributed around the nucleus, only within its Hamiltonian determined atomic orbital is it so randomly distributed.

A market maker doesn't need to make this computation. The market forces the market maker into the preferred discrete subsets, call it a p orbital. If the market maker obeys the rules, the Schrodinger equation so to speak, a positive expected return is realized which is the complement of the negative expected return of the other side, the public, especially the fools shooting themselves in the foot with L2. All the data or hard experience in the world will never convince them to the contrary!

But we shouldn't keep our scorn to them alone. You ought to see how bad it is in the option market. These idiots insist that Quote.com run in the red to provide them the opportunity to go to gambler's ruin. Quote.com meanwhile is running a Ponzi Scheme in pursuit of the holy grail of bloat to serve all these patzers while finding the road to Chapter 11. It's no wonder that the most closely guarded secret in Wall Street is the almost perfect bust rate of public options traders. They should all go to Lost Beggas for a better deal.