To: Graystone who wrote (91911 ) 12/18/2002 12:46:12 AM From: E. Charters Respond to On the other hand, while not widely given credit for being prescient in this instance, I did not show the how I made that prediction. Now it can be told. After running a Linux cluster using FFT on all available volume data got by wiretapping Al Quaeda, OPEC, the Bildenberger group and the LBMA, I applied Shannon theory and linear regression to the collected cycles. When doing a final charting of the data, just as the prediction was to be plotted, the computer crashed, and all the data was lost. At at very moment a passing newspaper boy was talking to one of his chums and I heard him mention that the best gold he had every run into was from Acapulco. I realized then and there that the single best predictor, market sentiment, was starting to signal. And when market sentiment reaches the masses, it has reached a critical mass, where timing swings are as much a matter of how "you" feel as anything else. A way to simulate this is to effect a group neuroses experiment. In this method, when making crucial decisions, one adopts the thinking patterns of everyone who has ever disagreed with oneself for average reasons. This is the most likely average reaction of the market in buying and selling. Trade accordingly. (Important note: your placed trades should not necessarily be in accordance with the group's. Review the sucess ratios of the average trader and do some thinking here. Trading with expert traders in commodities will lose 75% of the time.)
