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Re: Re: Supreme Order in Markets ??



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<Subject:          Re: RE: Re: Supreme Order in Markets ??
<   Date:          Sat, 18 Apr 1998 15:57:33 EDT
<   From:          CLIVFG <CLIVFG@xxxxxxx>
<     To:          bnm03@xxxxxxx, njb@xxxxxxxxxx, kschr@xxxxxxxxxxx
<     CC:          omega-list@xxxxxxxxxx
<
<
<The human mind tries to make order out of chaos and sees patterns.  When the
<patterns are defined mathematically and tested with a computer, the computer
<sees all the patterns that didn't work while the human sees only those that
<worked.  Show me a pattern that can be programmed and works better than 55% of
<the time.  (My definition of better than random.)  Also be aware that there
<are patterns that, with careful examination, can be found in random numbers.
<The fact that we can sometimes observe patterns does not mean the data is non-
<random.  One occurrence of non-order is sufficient to disprove ant theory that
<         ---------------------------------------------------------------------
<the markets are orderly.
<------------------------


Then isn't one occurrence of order sufficient to disprove the theory that the markets
are chaotic ?

donc