The thing to notice is not where the curve goes, but that the middle displays a kind of whole market behavior that is definately not supposed to be there. The markets during the period are acting as a whole (and not supposed to do that) and showing themselves to be both strongly motivated and undecisive as a whole, and in an amplifying way. The evidence is that all you learned about 'market forces' in econ 101 is out the window.
Phil Henshaw ¸¸¸¸.·´ ¯ `·.¸¸¸¸ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ 680 Ft. Washington Ave NY NY 10040 tel: 212-795-4844 e-mail: [EMAIL PROTECTED] explorations: www.synapse9.com > -----Original Message----- > From: [EMAIL PROTECTED] > [mailto:[EMAIL PROTECTED] On Behalf Of Marcus G. Daniels > Sent: Friday, August 24, 2007 9:48 AM > To: The Friday Morning Applied Complexity Coffee Group > Subject: Re: [FRIAM] Overshoot self-correction to collapse in > the S&P 500 Mar-Aug 07 > > > Phil Henshaw wrote: > > What's it look like to you? > > The price swings in the S&P 500 over the last 4 months seem > to display > > the natural complex system self-controls of the financial > > system 'fishtailing' to the point of failure. > > Shrug. On the left of this five year S&P 500 plot is a > similar variation. > http://www.marketwatch.com/tools/quotes/intchart.asp?symb=%24SPX&time=12 &freq=1&comp=&compidx=aaaaa%7E0&compind=&uf=0&ma=&maval=&lf=1&lf2=&lf3=& type=2&size=1&txtstyle=&style=&submitted=true&intflavor=basic&origurl=%2 Ftools%2Fquotes%2Fintchart.asp ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
