Dollars and Jens
Monday, July 11, 2005
 
brownian motion
A thought I've been throwing around for a couple months: a simple homoskedastic brownian process isn't white noise; it's pink noise — low frequencies predominate over high frequencies. It's not a perfect model for the stock market, then, but it does correctly predict the existence of Elliott Wave Theorists.

I suppose I should mention that I find Elliott Wave Theory inherently funny. Phrenology, too.

- posted by dWj @ 7:07 PM
Comments:
<$BlogCommentBody$>
# posted by <$BlogCommentAuthor$> : <$BlogCommentDateTime$>
<$BlogCommentDeleteIcon$>
(0) comments Post a Comment

Powered by Blogger