It is ridiculous because you can't rationally make a connection between Quantum Physics which concerns MICROSPIC LEVEL and Market Behaviour which concerns MACROSCOPIC LEVEL. If so you could relate easily atomics law with biological law.
Now as I said in scientific research there is a stage that is not scientific which has to do with inspiration and imagination. And it is true that many takes their inspiration from metaphysical ideas. But it is not science at this stage, you have to demonstrate it, that is to say show every causal link that relate one level to the next and there can be a huge amount of causal links necessary to do so that is why there are researchers that still work to do so like Elderman
A Universe of Consciousness: How Matter Becomes Imagination
http://www.amazon.com/exec/obidos/A...0238733/sr=2-2/ref=sr_2_2/002-2514935-9306435
Once you have demonstrated the links then you can say that it follows the same law in microscopic scale and macroscopic scale. That's why when I hear that Market's law follow golden law because Human brains are attracted by the aesthetic of this ratio this is ridiculous.
And as I have done my own research yes there is golden ratio in stock market but it has nothing to do with the cause above ! As I said my model does NOT presuppose Golden ratio; it is afterwards that I calculate the ratio of outputs from my model and observe golden ratios. More there is a very strange behavior I called Feyman-like effect which I talk briefly about on my guide:
"- Feynman (like) effect
Our model is not based on a physical analogy but on fundamental of micro-economics. Nevertheless, it exhibits strange behaviors like the one we call Feyman effect because of its ressemblance with what happens in Quantum Mechanics.
Bases and projections in the future have influence on the present. Prices follow paths on past and future projections simultaneously and on different scales. This creates complexities in patterns."
The term "like" (in Feynman (like) effect
) should rather be in BOLD because it is just an anology discovered AFTERWARDS and not a priori injected in the model as input.
It seems as very abstract with no real application to trading but I could show the very real impact on daytrading. I can do it for example when I will talk about version 3 of Buggit
http://www.elitetrader.com/vb/showthread.php?s=&threadid=16138&perpage=6&pagenumber=2
Quote from LongShot:
this is ridiculous for god sakes how in the world will you ever connect this to trading?