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It would be quite interesting to compare SP with bonds, oil, gold and
currencies to see if they all share the same characteristics or not.
Any reference for this method on the net that you believe interesting to
read?
Regards
Riccardo Ronco
FBR London
> -----Original Message-----
> From: adleone [mailto:adleone@xxxxxxxxxxxxx]
> Sent: Wednesday, September 22, 2004 8:03 PM
> To: Omega List
> Subject: S&P
>
>
> I don't know if this is an interest to anyone but the
> attached GIF files shows applying Ruelle-Takens' method on
> the S&P 500 in Mathcad shows it has a single singularity, a
> sink. IE, it collapses on itself...
>
> The only conclusion I can draw from this is that the S&P is
> not a trending market and you should counter trend trade it.
> If there's an extreme price movement, it's best to fade it.
> Either it will go sideways as a worst case scenario or
> reverse itself...
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