Wednesday, March 28, 2007

Time

I'm going to write a series about "time" in trading and investing over the next few days. I've become motivated by Bud's disbelief in "virtual buyers" in his comments to a recent post [ giving credit here to a reader ;-) hehe ] and a post on time & mathematics on that fine blog by Lubos Motl. [The post link is -> http://motls.blogspot.com/2007/03/role-of-mathematics-in-science.html ; the general blog link is -> http://motls.blogspot.com/ ].

Galileo Galilei expressly added time to our concept of the physical world on local scale. Before him, understanding of the world was dominated by static Aristotelian concepts. [Actually, that great Polish scientist, Copernicus, started the shift in thinking towards a dynamic universe.] So chart analysis is often dominated by looking at a chart shape as a static figure [e. g. a bull flag, or an ascending triangle]. One really needs to include "time" in chart analysis, beyong simply using it as the x-axis.

5 comments:

mern said...

once the internet made it easier to trade, its pretty obvious many many more people flip stocks (long and short) then just even 10 yrs ago.

marking up isnt as blantant post dot.com bust but before then u cud bet your paycheck the last day of the month wud be higher.

bud knows that. hes just trying to get u going

;-)

Bunkerman said...

That's OK, sometimes I need to be motivated. It got me thinking about a lot of time-related ideas. The "little grey cells" were active this morning. ;-)

Bud said...

Uh ...sorry Mern. Please don't include me in your delusional and paranoid conspiracy theories. And don't try to read my mind either.

mern said...

rofl. ok. marking up doestn exist.

flippers rnt much more of the game than 10 yrs ago.

whatever floats your boat

PTA going to 0? looks like death spiral but got 0

Bud said...

Mern do you also believe in the PPT?