Re: [Metastockusers] Fractal and Chaos Theory

["James Cooley" <laptop4u@xxxxxxxx>]

Hi Joe,

Thanks for the reply.

Of course you haven't seen the term 'jaggedness' because I'm not a
mathematician nor do I pretend to know very much. But this much I think I
understand, and please correct me if I'm wrong:

    1. Stock charts, like shorelines, exhibit  an irregularity of contour
irrespective of scale quantifiable as a "fractal dimension."

    2. To me it follows that *if*, over a long term, the stock price
displays a certain degree of jaggedness -- say a fractal dimension of 1.5
(where 1.5 is more jagged than 1.3); *and* during a shorter term (a smaller
scale)  that jaggedness decreases to say 1.3 it should tell me something.
But what is it saying in regard to tomorrow's price?

    3. I'd think it would say the price would tend to become more jagged.

Maybe it says something else entirely?

Also, I'm not sure how to differentiate between what this fractal dimension
would tell us vs. what a volatility study would demonstrate.


BTW, what are "Bill William's alligator and oscillator analysis
calculations" ?

To answer my own question,  thanks Steve Wiser -- I'll take a look at
Profitunity's site, but I'll tell you the first thing I do when I load a
version of MSWIN is hide all that blatantly commercial stuff. I like to
figure this stuff out on my own -- or at least the principles.

Pardon if this comes through strangely; I'm new a this list and am trying
get everything flowing through Outlook Express.

BTW, I notice stuff gets posted on the Yahoo groups site long before I get
the messages forwarded to my email account.  Is this normal?


Regards,

Jim

From:  Arsk0jn@xxxx
Date:  Mon Nov 19, 2001  7:42 pm
Subject:  Re: [Metastockusers] Fractal and Chaos Theory


Hi Jim,
We have had a number of discussions of chaos theory on this and the
Metastock
site in the past. I would be glad to try and answer your questions...if I
could understand them. I have never seen the term "jaggedness" used in the
mathematical treatment of chaos theory. Is your "jaggedness" what is
referred
to in chaos theory as "aperiodic behavior "? Also what is it you want to
determine that isn't provided for you in Bill William's alligator and
oscillator analysis calculations?
Regards,
Joe Nemecek