http://www.2000wave.com/article.asp?id=mwo031607
A good counterpoint may be Niederhofer's review of Sornette's (geophysicist looking at the markets) book
(Coles notes version - long tails explain all of Sornette's observations, and Sornette's low number of data points is way too low to be statistically convicing.)
A good counterpoint may be Niederhofer's review of Sornette's (geophysicist looking at the markets) book
(Coles notes version - long tails explain all of Sornette's observations, and Sornette's low number of data points is way too low to be statistically convicing.)