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Technology Stocks : Disk Drive Sector Discussion Forum -- Ignore unavailable to you. Want to Upgrade?


To: Gus who wrote (4690)10/12/1998 5:49:00 AM
From: LK2  Read Replies (3) | Respond to of 9256
 
RE:By Peter Huber
forbes.com

Which is a better description of the Forbes article by Peter Huber?:
1. bullshit
2. nonsense
3. fantasy

I honestly don't know which is the better description.

On a practical level, people don't make more money when volatility increases. They actually lose money. The author, Peter Huber, doesn't understand that Asia, Russia, and Latin America economies have lost hundreds of billions of dollars because of this volatility.

Even the hedge funds are getting crunched, and they are supposed to be the beneficiaries of volatility.

Maybe he's one of those Conan fans, who think >whatever doesn't destroy me will make me stronger< ? Or, the more people that go bankrupt, the better my chance of making a killing?

Regards,

Larry



To: Gus who wrote (4690)10/12/1998 11:28:00 AM
From: Yogi - Paul  Respond to of 9256
 
Gus,
Sounds like the next hot technical analysis tool will be chaos theory (although I read somewhere of someone developing a master market model based on chaos theory).
If I have to start brushing up on "string theory" to participate in the market, I am outtahere. theory.caltech.edu

Yogi



To: Gus who wrote (4690)10/13/1998 6:14:00 AM
From: Pierre-X  Respond to of 9256
 
Good to see you Gus.

Interesting fluid dynamics metaphor. Bears discussion!