they cant even get theyre math right....
gemx(gimmicks) is right!!!!!
Anyone else think Elliot Wave is a bunch of hooey?
- Thread starter swtrader
- Start date
they cant even get theyre math right....
gemx(gimmicks) is right!!!!!
Very funny book. Highly recommended.
This is not binary logic as there has been a strong famous philosophical debate between Henri Poincarré and Bertrand Russell. Both were mathematicians but Poincarré has worked much in Physics field (he is considered as the precursor of Chaos Theory) and for him Reality cannot be assessed by pure abstract thinking and syllogism whereas Russell thinks that it could and he was a pure mathematician. I am on the side of Poincarré at least in practice as long as Human's brain is not as unlimited as God's one 
The belief that mathematics dictates physicality can conduct to this kind of absurdity:
http://www.cut-the-knot.org/do_you_know/zipfLaw.shtml
"When Zipf first described his law, at a time when very few other scaling laws were known, he tried to make an important issue of how his principle distinguished the behavioral from the physical sciences, where such laws were supposedly absent. Today, after so many power laws have been discovered in physics, those remarks tend to detract from Zipf's reputation rather than enhance it. Another circumstance is said to have worked against his reputation as well, namely that he indicated a certain sympathy with Hitler's territorial rearrangements of Europe, perhaps justifying his attitude by arguing that those conquests tended to make the populations of European countries conform more closely to Zipf's law."
Zipf, Bertrand Russell (now dead in 1970) and other mathematicians have indeed cooperated with these regim to justify that it was "scientific". I regret as for Bertrand Russell as his thoughts are worthwile to read ("Our knowledge of the External World" is one of his book I can recommand as an easy reading one) but it seems that he must keep himself in mathematics field and not come in physics and political field.
The belief that mathematics dictates physicality can conduct to this kind of absurdity:
http://www.cut-the-knot.org/do_you_know/zipfLaw.shtml
"When Zipf first described his law, at a time when very few other scaling laws were known, he tried to make an important issue of how his principle distinguished the behavioral from the physical sciences, where such laws were supposedly absent. Today, after so many power laws have been discovered in physics, those remarks tend to detract from Zipf's reputation rather than enhance it. Another circumstance is said to have worked against his reputation as well, namely that he indicated a certain sympathy with Hitler's territorial rearrangements of Europe, perhaps justifying his attitude by arguing that those conquests tended to make the populations of European countries conform more closely to Zipf's law."
Zipf, Bertrand Russell (now dead in 1970) and other mathematicians have indeed cooperated with these regim to justify that it was "scientific". I regret as for Bertrand Russell as his thoughts are worthwile to read ("Our knowledge of the External World" is one of his book I can recommand as an easy reading one) but it seems that he must keep himself in mathematics field and not come in physics and political field.
I hope the moderator will remove this spam from this thread.
Since there seem to a problem in the other thread I answer here :
"I said that IN THE HISTORY OF THE HURST EXPONENT THE "LONG TERM MEMORY EFFECT" which is A SCIENTIFIC TERM IN CHAOS THEORY has been discovered on the NILE (you seem to ignore that
"LONG TERM MEMORY EFFECT" is an expression that HAS NOTHING TO DO WITH PSYCHOLOGY in science !)
Then the SAME "LONG TERM MEMORY EFFECT" has been discovered by MANDELBROTT in STOCK MARKET and since that kind of effect has nothing to do with psychology as for the Nile I don't see where you can pretend that this effect is obligatory due to the psychology of crowd in stock market !!! There can be other reason NOTABLY THE INVENTORIES OF MARKET MAKERS or other BIG PLAYERS which indeed have much TO DO WITH FLOW OF MONEY THAT CAN CREATE THIS "LONG TERM MEMORY EFFECT" !
If you don't know that SUPPLY AND DEMAND is about FLOW OF MONEY, well I'm sorry you are lacking the basics !
--------------------
Quote from ArchAngel
Now you're comparing the stock market to the ebb and flow of the Nile??? What's next? Phase of the Moon??
You're so far out in the ozone and caught up in your mystical "universal law" crap that your unable to see the obvious disconnect with reality.
Beam me up Scotty!!
Quote from harrytrader:
Since I talk about long term memory effect I will comment on the subject. It is not linked with psychology per se. Long term memory effect is about dependancy on average. The husrt exponent and long term memory effect was first discovered about the Nile. As far as I know the Nile has no brain and I don't see that people would influence the levels of the Nile. As in stock market it is rather the inventory of big market makers like the Nile level that explain this effect than so called psy of crowd ! "
"I said that IN THE HISTORY OF THE HURST EXPONENT THE "LONG TERM MEMORY EFFECT" which is A SCIENTIFIC TERM IN CHAOS THEORY has been discovered on the NILE (you seem to ignore that
"LONG TERM MEMORY EFFECT" is an expression that HAS NOTHING TO DO WITH PSYCHOLOGY in science !)
Then the SAME "LONG TERM MEMORY EFFECT" has been discovered by MANDELBROTT in STOCK MARKET and since that kind of effect has nothing to do with psychology as for the Nile I don't see where you can pretend that this effect is obligatory due to the psychology of crowd in stock market !!! There can be other reason NOTABLY THE INVENTORIES OF MARKET MAKERS or other BIG PLAYERS which indeed have much TO DO WITH FLOW OF MONEY THAT CAN CREATE THIS "LONG TERM MEMORY EFFECT" !
If you don't know that SUPPLY AND DEMAND is about FLOW OF MONEY, well I'm sorry you are lacking the basics !
--------------------
Quote from ArchAngel
Now you're comparing the stock market to the ebb and flow of the Nile??? What's next? Phase of the Moon??
You're so far out in the ozone and caught up in your mystical "universal law" crap that your unable to see the obvious disconnect with reality.
Beam me up Scotty!!
Quote from harrytrader:
Since I talk about long term memory effect I will comment on the subject. It is not linked with psychology per se. Long term memory effect is about dependancy on average. The husrt exponent and long term memory effect was first discovered about the Nile. As far as I know the Nile has no brain and I don't see that people would influence the levels of the Nile. As in stock market it is rather the inventory of big market makers like the Nile level that explain this effect than so called psy of crowd ! "
So far you have 4 posts that mention this 'product'.
Here is a post from a different thread where you simply give the url.http://www.elitetrader.com/vb/showthread.php?s=&postid=521904#post521904