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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 8935
Posted: Feb 22, 2010 5:00
Comments: 8935
Forum Topic:
Gold, Oil & Indices (Equity & Bond Indices)
Discuss Gold, Oil & Indices (Equity & Bond Indices)
"everything connect to everything else" lenin
Hausdorff dimension is for similarity transformation of topological spaces.
Well this is not a math forum.
The fundamental error of chartists is the assumption that all markets are independent of each other.
I solve that entirely pattern - free with the value of the low-hi trade difference.
This is the only way to survive in markets which are not free any more in any way.
anyway market price time series charts capture chaotic dynamical systems..
and FYI "..chaotic dynamical systems are sometimes associated with fractals. Objects in the phase space of a dynamical system can be fractals (see attractor). Objects in the parameter space for a family of systems may be fractal as well. An interesting example is the Mandelbrot set. This set contains whole discs, so it has a Hausdorff dimension equal to its topological dimension of 2but what is truly surprising is that the boundary of the Mandelbrot set also has a Hausdorff dimension of 2 (while the topological dimension of 1), a result proved by Mitsuhiro Shishikura in 1991.."
3.6% but forecast is 2%
as for debasement of the dollar.. gold produces no cash flow and therefore has no intrinsic value.. US$ treasuries have.. "
Ok, so you admit that all things equal, just by holding treasuries you are losing 1.6%?
Any apperciation in capital of the USTs is cancelled out by the fact the the money they are valued in is being devalued.
How is that a good investment?
that makes much sense
i made - on paper- about 200% with gold bullions and i am going to sell a few bullions for
a: US 2 y treasuries
b: USD cash
of course a motif is that the ECB is bankrupt and a bankrun can occur any time : deflation
then one has to have LIQUID currency
gold isn't liquid
Trading LONDON, UK
Is that a joke?
What is the yield on short term treasuries> What is inflation (CPI)? What is the real value of inflation due to debasement of $ when the fed buys treasuries?
You lose money just buy owning them.
....
no trading.. it's not a joke.. but first here are the answers..
2.073%
3.6% but forecast is 2%
as for debasement of the dollar.. gold produces no cash flow and therefore has no intrinsic value.. US$ treasuries have..
now.. treasuries have always been much better investment/trading option then gold.. even recently..
http://blogs-images.forbes.com/afontevecchia/files/2011/08/gold-10-year.jpg
simply sell gold/buy treasuries anytime.. but particularly when japanese 80s style deflation grips the world..
what is the dimension of those chart patterns...
although it is a line it is not 1.
And besides, as prices are not continuous, it cannot be a fractal dimension .
But anyway, if these patterns can be assigned a dimension, what is the value of that?
It has no value for the trader.
Changes of dimension reflect external influence. This is a method too high in the sky for chart astrologists.