Tuesday, December 23, 2008

I am currently reading


The title to this post should have read, 'I am currently re-reading'. This is a book I have read a number of times. For such a complicated subject it is actually a pretty light read and well detailed. It's a discussion of fractal analysis and how fractals are better able to explain the way markets and prices work. It also proposes how they are better at modelling events that often fall outside that of normal statistical analysis. A good read.

I also stumbled into an interesting presentation by an academic discussing inefficiencies in sports and financial markets and correlating the two. This also included using candlesticks, which we put into the advanced charting section of Bet Angel earlier this year. Quite heavy going but I'll be reading that over Christmas to see if there is anything interesting in there.