Now this fight must not be turned into the other extreme: many mystical ideas have to be rejected but some mystical ideas have been confirmed by science later even thousand years later - for example atoms and brownian motion ideas exist since the Greeks ! - As for Fibonacci the ratio now enters scientific domains like Astrophysics and Climatology. Now these phenomenas are NATURAL whereas their existence in HUMAN ACTIVITY like stock market is NOT NATURAL that's why it is MYSTICISM to refer to NATURE to justify them. And this has nothing to do with believing in God or not. I'm not God believer because I neither buy or sell an idea as long as I don't have some definitive proof , but I have already said that the question of God is a RATIONAL and SCIENTIFIC QUESTION since it relates to RANDOMNESS/DETERMINISM. Now let's say that you believe in GOD because DETERMINISM - defended by Einstein - is gaining against RANDOMNESS which has been imposed by the misunderstanding of the true nature of Quantum Theory, it would be illogical to think that HUMAN ACTIVITIES like NATURE have to follow the same kind of law automatically especially since it is another scale and since scientific simulations have shown that it is impossible. Pretending that something is natural order rather means that it mimics natural order but the cause is not natural or cloning an animal is also natural order : cloning is not a SPONTANEOUS act, it is ARTIFICIAL DELIBERATED IMITATION and if stock market behaves like some natural phenomenas it COULD be the same kind of ARTIFICIAL DELIBERATED IMITATION. And since I have a causal model of that I would not only say COULD but PROBABLY SHOULD BE.
Eh, not exactly. Although some irrational beliefs turned out to be marginally true hundreds of years later, the fact that someone, somewhere came close does not mean that mystical beliefs sometimes turn out to be true. You might as well say that Genesis predicted the Big Bang Theory.
Did I say the contrary since I said "many mystical ideas have to be rejected". Secondly it seems that you (or I misinterpret you) and others people read me superficially : what I am saying is that Cosmology and Astrophysics belongs to official Science but their ideas are very close to Mystical/Esoteric ideas so that Mystics profit from the confusion. The mystery about the only EXISTENCE of Constants in our Universe is a true scientific question since I remind this from Richard P. Feynman â[1/137] is one of the greatest damn mysteries of physics: a magic number that comes to use with no understanding by man. You might say the âhand of Godâ wrote that number, and âwe donât know how He pushed His pencil.â' Like the Mystics as soon as one speaks of constants some "pseudo" rational people think that it is Esoterism and Mysticism whereas it is a question that is the core of Scientific Research and today there is no answer from physicians since nobody knows who is behind the creation. It is the same problem in Stock Market : people pretending that it is due to natural order (Phi, PI) or even that it comes from influence of the planets (like Wally alias PSPR) only postulate and don't explain above all there is a big difference with the true nature's question of constants in Universe and constants in stock market is that in stocks market it involves humans WILL and pretending that the planets influence is so strong to impact this WILL is really farfetched or ... the majority of speculators are then mystics which would be even more worth to debate the problem of mysticism in stock market.
Above all on INTRADAY BASIS don't tell me that the Sun, Venus, or I don't know what planet, will impact the market of the LAST FEW guys so that they will exactly make the price coincide for example with 10643.3 the theorical top my model calculated for today (in real we made 10643.54): how is it that I don't need the planets, Fibo or PI but use only RATIONAL ECONOMIC MODELLING (Fibo appears as artefacts or output of the model not input and it is only a sort of geometrical convergence, Fibo by itself doesn't make the law) ? <br><IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=414012>
Maybe I need to add, since Richard Feynman omitted to say it or for people who ignore it, that 137 nothing less than the so-called GOLDEN ANGLE which is found so widely in plants http://www.math.smith.edu/~phyllo/About/fibogolden.html <IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=416067>