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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
the topic is called "multifractal analysis" but this doesn't explain anything, either. However I think one can understand the idea behind it what causes instability and how to realize the market is instable. Huge profits possible...
Ashraf
http://www.mauldineconomics.com/frontlinethoughts
In a recent essay Mauldin mentions Sornette's book Why markets crash. Sornette is to my knowledge the only physicist who applies systems theory to geophysics ( earthquakes, for example) and thus no physicist understand his work. But for financial markets systems theory is the only applicable.
Highly recommended although the cover is misleading: systems theory is just not chaos theory.
http://www.bloomberg.com/news/2013-04-30/london-commercial-property-deals-jump-on-foreign-buyers.html