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I just finished reading "The Predictors" by Thomas A. Bass, a new book
telling the story of Prediction Company, a Santa Fe group of math/physics
whizzes who set out to create black box systems based on advanced concepts
of chaos, genetic algorithms, etc for just about every market there is.
They seem to have succeeded fairly well.
It's entertaining, smoothly written, and doesn't present any
too-challenging descriptions of the more arcane concepts involved -- which
would probably go over most general readers' heads anyway, certainly over
mine.
The Prediction Company folks have no kind words for "chartists," but I
think what they're doing themselves can fairly be described as TA on an
unlimited budget.
Best to all --
Chuck Engstrom
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