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Strategies & Market Trends : E-Mini Pit -- Ignore unavailable to you. Want to Upgrade?


To: Ramus who wrote (4961)8/1/2002 7:16:11 PM
From: Nemer  Read Replies (1) | Respond to of 11288
 
WALTER

>>>>>> The 3rd derivative would then be the rate of change of the rate of change of velocity vs time. And believe it or not this is technically known as "jerk".

did you just call me a jerk????????????

ROFLMAO ------

you are on the right track with your post to Scott concerning my ROC of ROC .....

Here is a quick def of what I do ========
scalar multiplication refers to the operation of multiplying one number (one scalar) by another and is used to contrast this with matrix multiplication

Wish that I had been able to recall
"jerk"
and
the 3rd derivative....... glad you posted it as it immediately brought up some really fond memories of an old bud of mine ---

The last roomie I had at TexasTech is partially responsible for my hard research (and I mean HARD, both in difficulty and depth) into the study of scalars and vectors relating to horse racing.

He graduated with a double major Bachelor of Science in (this is really true) Agriculture and Mathematics way back in 63 ---
he went to work for Rath (the meat company) which paid for him to obtain his first (ended up with five or six) Masters in Genetics ----
before he died this year, he piled up three PhDs, a Doctor of Jurisprudence, became a CPA, a bunch of MS degrees ---

After my bare escape from college with a BBA I had one aborted attempt to obtain a MS in ComputerScience twenty or years ago .... they discovered what a dummy I was and sent me on my way ....gggggg

Anyway --- during a casual discussion with my ex-roomie a long time ago, we really were discussing vectors and scalars and the bright idea came to me that I could get some practical application to increase my bankroll via the use of this rate of change per rate of change.
Well, I found it to be of great use, especially as relates to this ten decimal place number I used to use (back when I wasn't so old and lazy) in the penultimate furlong in a six furlong race --- and more especially in claiming sprint races .....

But, as usual, I digress ---
I now put it to use in the market .....

not as accurately as in the race handicapping, but I've use it so much that, similar to my using the pitchforks, I can see it in my mind's eye without benefit of having to put it down on paper ...
even tho, I do chart out the Andrew's Pitchforks a lot, I do more of them in my head ....

This might help a bit in the folks reading this who are now shaking their collective heads at this old fool here -----

You are driving your car at 70 miles per hour.
Your speed is constant, or at least farily constant.
You are on a straight section of road so your velocity and speed don't change much.

Your acceleration is basically zero, right?

Yep, thass really right.

Stomp on the gas pedal ======
and you accelerate - you go faster.

How much faster?

If for every second you keep accelerating your velocity increases by, say, 2 miles per hour, your acceleration is 2 miles per hour per second.


I translate the ROC of the ROC of the market price into an acceleration figure in my head to attempt to understand perhaps how much farther and faster the price will move in the direction in which it is headed ...

direction is a WHOLE different discussion ====== hehehehe

This is a more simple example of what I attempted to say earlier .......



To: Ramus who wrote (4961)8/1/2002 8:00:10 PM
From: SE  Respond to of 11288
 
Uh, Thanks.

Got it.

-Scoot

PS - Uh. I'm a very good driver.



To: Ramus who wrote (4961)8/1/2002 11:05:01 PM
From: the-phoenix  Read Replies (1) | Respond to of 11288
 
"the first derivative of position with respect to time is velocity. The second derivative is acceleration or the rate of change of velocity vs time. The 3rd derivative would then be the rate of change of the rate of change of velocity vs time."

Ahh, so you were the Scarecrow in the Wizard of OZ...