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Hi James,
do you have a good reading tip on fractal and chaos theory trading?
I was always interested in, but it seemed too complex to me,
as I´m busy counting Fibonacci waves, which work fine.
Nicholas
----- Original Message -----
From: "James Cooley" <laptop4u@xxxxxxxx>
To: "MetaStock List" <metastock@xxxxxxxxxxxxx>
Sent: Tuesday, November 20, 2001 6:55 PM
Subject: Re: [Metastockusers] Fractal and Chaos Theory
> 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
>
>
>
>
>
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