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To: broadstbull who wrote (416905)8/19/2011 4:17:13 AM
From: maceng2  Respond to of 436258
 
re: straight lines.

I would agree that anyone who thinks a simple set of rules defines the market is a clown. Even Ben can change his mind abruptly.

However, I don't think you should discount a particular theory just because it's simple. It may be accurate in a given situation for a while.

I can think of a simple electronic circuit that would hunt the following equation fed into it, and would probably trace out the response seen in the real market to date. The program starts on May 1st of course, and could have already finished on Aug 9.

3.bp.blogspot.com

No way of telling when it will terminate though, an informed guess has at least a double edge to it -g-