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robert.cummings@xxxxxxxxxxxxxxxx wrote:
> Saying there is no correlation between markets is like saying supply and
> demand do not effect a markets price. Bonds don't reflect the cost of
> money? The cost of money doesn't effect a companies bottom line? Earnings
> don't effect a stocks price? You could go on, corn, cattle etc, etc, etc.
> To trade the correlations depends on your time frame of trading. This is a
> very provable correlation between intermarkets over a certain time span.
> Short term like daily probably not and probably couldn't be proved.
>
> Robert
>
I had a similar email correspondance with editorial@xxxxxxxxxxxxxx If I
understood him correctly he is not arguing that their is no correlation between
market which is expedient. He is rather refuting the "Causal Explanation". That
B occured because of A etc. The binary explanations, if and then explanations.
Again Correlation explanations are "cybernetic in nature." That B occured
because A, C, E, F, G , etc. could not occur giving B the highest probability
of occuring.
Regards
Shawn
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