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To: Gary H who wrote (85000)	5/1/2002 3:03:31 AM
From: Richnorth	Respond to of 116825

Thanks. But I was unable to open that Scientific American link.

To: Gary H who wrote (85000)	5/1/2002 3:49:27 AM
From: Richnorth	Respond to of 116825

Finally, I succeeded in opening the link. It says something about predicting movements in the stockmarket. This is not exactly new as there have been several mathematical formulas generated to help predict market trends. One of these formulas is the Black-Scholes formula used a lot for options and futures. (see sigma-research.com. LTCM (Long Term Capital Management) that had to be rescued by Greenspan thought at one time it could never fail in the derivatives market because it had the services of a Nobel-Prize winning mathematician who discovered the special equation for predicting the trends of derivative movements. LTCM was so confident that it stacked up heavily in certain derivatives only to see them go the wrong way. All simply because math cannot predict human changeability. Despite being equipped with high speed computers and a Nobel-Prize winning math wizard, LTCM went kaput! And Greenspan rescued it (on the quiet) because had he not done so, the consequences would have been horrendously bad for all, or so it was believed.