tag:blogger.com,1999:blog-7905515.post6445167917098725339..comments2024-03-14T11:09:32.759-05:00Comments on Falkenblog: Market Mimicry and PanicsEric Falkensteinhttp://www.blogger.com/profile/07243687157322033496noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-7905515.post-42190789142358999242011-04-22T09:37:02.757-05:002011-04-22T09:37:02.757-05:00Have you ready any of Sornette's work? He use...Have you ready any of Sornette's work? He uses similar theory but has models to solve for the "finite time singularity", i.e. crash date.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7905515.post-73985373914234855182011-04-19T07:26:03.711-05:002011-04-19T07:26:03.711-05:00Regarding the hindsight (explain) vs. science (pre...Regarding the hindsight (explain) vs. science (predict) dichotomy. Sometimes a good scientific theory is missing data to predict well.<br />In physics, this may be the result of difficult experiments. In finance, this can be the result of missing or untimely information flow.<br />In finance, the very information needed to predict is often that which is hard or expensive to obtain, through no coincidence: prediction has economic value.<br />As for physics, well, I wish I knew what the string theorist are talking about for decades (do they?)...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-7905515.post-24437390697143329932011-04-19T01:07:53.992-05:002011-04-19T01:07:53.992-05:00Interesting article. Thanks for link.Interesting article. Thanks for link.quantivityhttp://quantivity.wordpress.comnoreply@blogger.com