Fructal Analysis

Discussion in 'Technical Analysis' started by hypostomus, Sep 5, 2007.

  1. Excuse me, but does anybody else see the topic of fractal analysis applied to the markets as terminally stupid? I mean, what's fractal about it? It doesn't take much magnification to go from a practical scale of one day to the equally practical scale of one tick. And the landscape of the various scales intervening is hardly the same. A daily chart looks uniquely daily, and one second looks uniquely one second. Hence my epithet, "fructal". The only question is what fruit. A subject invented by academics for academics. As to time scale, on the one extreme you can't get inside a tick or a penny or much faster than a second. On the other extreme, only eight orders of magnitude longer in time and Wall Street will be under water.