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>Has anyone read ?Fractal Market Analysis? by Edgar E Peters ?
Not me, but I read his earlier "Chaos and Order in Capital Markets."
>Is it worth reading , looks pretty heavy going when i was flicking
>through it.
Chaos, of which fractals are a part, is a large field of study
that's full of abstract mathematics. If you have a layman's
understanding of Chaos theory, the best you can hope for is to get
a laymans understanding of Chaos and fractal behavior in markets,
but you'll gain no real knowledge of how to develop and use your own
tools.
That was my impression of Peters' earlier book. A lot of information to
give you an appreciation of the subject, but very little in the way of
nuts & bolts that you can use to develop a trading methodology.
(My undergraduate specialization was theoretical physics and chaos
theory, so I know how hard this stuff can be to understand; even I
don't know much anymore.)
> Any body uses this sort of stuff?
I know one who does, and has a consulting service based around it.
His web site www.keithfitz-gerald.com doesn't have any information
on it, however. He's a good guy, you can write to him and ask for
info if you want.
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,|___ Alex Matulich -- alex@xxxxxxxxxxxxxx
// +__> Director of Research and Development
// \
// __) Unicorn Research Corporation -- http://unicorn.us.com
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