SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Wind River going up, up, up! -- Ignore unavailable to you. Want to Upgrade?


To: James Connolly who wrote (4265)2/13/1999 3:32:00 PM
From: Sbtorres  Read Replies (1) | Respond to of 10309
 
<OT--market behaviour>
One trading system that is emotionally detached from the market whimsy is called
AIM(Automatic Investment Management) system. The description can be found at
exchange2000.com
This is not for daytraders.
Another article of interest is the February 99 issue of Scientific American magazine, a summary of which is shown below.

<<A Multifractal Walk down Wall Street
Benoit B. Mandelbrot

When will the Dow top 10,000? When will it crash? This
famous mathematician argues that the complex geometric
patterns that describe the shapes of coastlines, ferns and
galaxies might model the capriciousness of financial markets
better than conventional portfolio theory can. >>

A better model of the market behavior can be constructed using fractal than that of normal distribution as used in modern portfolio theory.
From the market whimsy article<<that market price fluctuations look very much like "the scaling laws characterising physical systems in which large numbers of units interact".>> Does not look like fractal.