S&P will be under 700 within days

[nonlinear5]

Quote from jprad:

Actually, it's petabyte.

To get really anal, peta- is a decimal prefix, so it means 1000^5 bytes and not 1024^5 which is a pebibyte.

1000^5 is not a normalized representation (although numerically it's correct), so for full clarity:

One petabyte = 10^15 bytes
One pebibyte = 2^53 bits

 

[jprad]

Quote from nonlinear5:

1000^5 is not a normalized representation (although numerically it's correct), so for full clarity:

One petabyte = 10^15 bytes
One pebibyte = 2^53 bits

1000^5 is every bit as normal as (10^3)^5 or 10^15.

BTW, a pebibyte is 2^50...

http://physics.nist.gov/cuu/Units/binary.html

 

[nonlinear5]

Quote from jprad:

BTW, a pebibyte is 2^50...
http://physics.nist.gov/cuu/Units/binary.html

I didn't contradict that.

1 pebibyte = 2^50 bytes = 2^53 bits

Quote from jprad:
1000^5 is every bit as normal as (10^3)^5 or 10^15

That's incorrect. From http://en.wikipedia.org/wiki/Scientific_notation#Normalized_notation:

In normalized scientific notation, the exponent b is chosen such that the absolute value of a remains at least one but less than ten.

 

[jprad]

Quote from nonlinear5:

I didn't contradict that.

1 pebibyte = 2^50 bytes = 2^53 bits

[headslap] :eek: [/headslap]

 

[jprad]

Quote from nonlinear5:

That's incorrect. From http://en.wikipedia.org/wiki/Scientific_notation#Normalized_notation:

Computerspeak isn't scientific, it's geek...

Check the notation used in the origin and derivation columns:

http://physics.nist.gov/cuu/Units/binary.html

Even better...

http://www.instantfundas.com/2007/08/1-gigabyte-is-not-equal-to-1024_22.html

 

[BlindLemonBoosh]

Quote from B. Rowshan:

Huh? You obviously didn't pat attention in statistics class.

If a two day vote is running about 50/50 & the voting was heavy in one direction the first day - then it was (obviously) heavy in the other direction on the second day. In this case, the lemmings were running to your "sky is falling" position based upon yesterday's action. One doesn't need a course in Statistics to successfully utilize the denizens of ET as a contrary indicator.

Thanks for the thread.

 

[eagle]

The memory capacity is based on the power of two. You either have ON or OFF in electronic, 1 or 0.

Back to the subject, the bottom is near in term of time, no clue in term of number.

 

[MKTrader]

What do you consider "a few" days? If it doesn't drop below 700 by Thanksgiving, will you eat crow instead of turkey?

Quote from B. Rowshan:

Take this from the guy who started a thread when the S&P was 1250 saying that it would plummet below 1000 within a month.

Now...S&P will be under 700 in a few days. You'll see.

I guarantee it. and I haven't been wrong yet in 2008.

 

[jprad]

Quote from eagle:

The memory capacity is based on the power of two. You either have ON or OFF in electronic, 1 or 0.

Disk capacity (on the drive) is based on power of 10 even if your OS is reporting it in power of 2.

http://en.wikipedia.org/wiki/Hard_disk_drive#Capacity_measurements

 

[Lucrum]

Quote from MKTrader:

What do you consider "a few" days? If it doesn't drop below 700 by Thanksgiving, will you eat crow instead of turkey?

Crow? Shit no, he'll just come back with yet ANOTHER alias and claim to have predicted whatever happened. And then remind us of it several times a day for months on end. As if anyone gives a shit in the first place.