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Very interesting Christopher.. I don't really understand
all that brain stuff, but interesting that someone measured
Fib sequences in brain activity.
-Neal.
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At 08:59 PM 12/15/97 -0500, Christopher McMurry wrote:
>I have a book called _Using the Whole Brain_, edited by Ronald Russell.
>There is a chapter in it called "Transcendence: The Spirit on High", which
>is written by Edgar Wilson, M.D.
>
>Dr. Wilson tells of his experience researching consciousness and the brain.
>He's done a lot of work with brain waves and their relationship to
>transcendental experiences.
>
>He speaks of going to the Monroe Institute (a place in the Virginia
>mountains where a great deal of this type of research goes on):
>
>"When I arrived at The Monroe Institute I knew little about it. I was aware
>only that this was one of the few organizations which had established some
>kind of laboratory to study consciousness--that's what I'd been trying to do
>for several years--and it was one of the few labs actively doing anything in
>this area of research. Most of the university labs had shut down
>because... <SNIP> ... Listeners (the Monroe Institute uses sound as a
>pathway to altered states of consciousnees) were obvously having some kind
>of transcendent experience and were describing very similar experiences, but
>I could see no evidence of it--only a normal EEG parameter. I decided to
>give up my expectancies and simply to watch to see what happened. This I
>did, and lo!--some fascinating things began to unfold.
>
>As I observed, I found that that putting in a signal was having some kind of
>effect in the brain. When we matched up the frequency bands across the
>head, they would come in bursts until suddenly everything got together and
>the person would start having a state change. They would begin with really
>low frequencies, like low delta, folowed by an escalation of frequency in a
>certain harmonic pattern. I tried to match this pattern with harmonics like
>octaves, but it didn't match. However, the harmonic was a Fibonacci series,
>a series dreived from Pythagoras, who made his reality a kind of progress of
>a series of numbers which for him represented something very spiritual. We
>see the Fibonacci series reproduced in plants' branching and in DNA and
>RNA. We see it as it progresses in the nervous systesm, the dendrites and
>neurons branching and unfolding from the deeper structures to the outer
>structures. The Fibonacci series is all over nature--why couldn't it be in
>the brain?"
>
>I sincerely doubt that this Dr. Wilson knows anything about what goes on
>down on the floor of the Chicago Merc. But I bet it wouldn't surprise him
>to hear about how traders like to watch Fib numbers... :)
>
>Chris
>
>Harley Meyer wrote:
>
>> I was going to respond earlier but have been busy. Email overload.
>>
>> (Some of you may of heard this from me before.)
>> I was visiting the CME in Chicago and I was watching the S&P 500 futures
>> pit. A woman was standing next to me talking to another gentlemen. I
>> over heard her say that her husband was down in the pit. I was curious
>> of course so I struck up a conversation with her. She told me about her
>> husband, etc. One of the most important things she said was the guys
>> over in the bond pit were a little bit nerdy. (She was making a
>> reference to her husband and that he was not that into it.) She then
>> turned in said that they are into Fibonacci numbers. But she guessed
>> that I already knew that. No I didn't.
>>
>> The point is that if the guys in the pits are into some form of analysis
>> it will show up in the charts. I remember someone earlier this year
>> commenting that the only thing that works in some futures trading is to
>> use Fibonacci because everyone else uses them. They also went on to say
>> that some times the institutions will go against the Fibs to screw
>> things up and because they can.
>>
>> So it is not that we are all part of nature but instead this a construct
>> that the masses have chosen to believe to be what works. So the masses
>> implement this strategy based upon some believe that it works. So if
>> everyone is doing it you can't go wrong. This is true for Elliot Wave or
>> any other form of analysis. Just as long as there are enough users of
>> the technique to effect the market.
>>
>> I do have a degree in math. Not that this means anything. One thing I
>> have found is that when other disciplines of study (sociology,
>> economics, biology, etc.) incorporate math into their models they try to
>> make to much of their model. I chuckle when my wife, who has a ph.d. in
>> marketing, starts talking about modeling some event in marketing with
>> math or statistics. It is about as bad as me going to Mexico and
>> pretending that I can speak Spanish fluently. ( I can't, just enough to
>> get by.)
>>
>> So not to burst anyone's bubble. But, it works only because there are a
>> large number of traders who use the same techniques. It has nothing to
>> do with nature.
>>
>> not fibbing,
>>
>> Harley
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