Well, the counter example shows no systemicity at all, so perfectly well behaved. Markets are not supposd to display, as the example, emergent systemicity of any kind, let alone dramatic self-destructive behavior.... Sent from my Verizon Wireless BlackBerry
-----Original Message----- From: "Marcus G. Daniels" <[EMAIL PROTECTED]> Date: Fri, 24 Aug 2007 07:47:41 To:The Friday Morning Applied Complexity Coffee Group <[email protected]> Subject: Re: [FRIAM] Overshoot self-correction to collapse in the S&P 500 Mar-Aug 07 Phil Henshaw wrote: > What's it look like to you? > The price swings in the S&P 500 over the last 4 months seem to display > the natural complex system self-controls of the financial > system 'fishtailing' to the point of failure. Shrug. On the left of this five year S&P 500 plot is a similar variation. http://www.marketwatch.com/tools/quotes/intchart.asp?symb=%24SPX&time=12&freq=1&comp=&compidx=aaaaa%7E0&compind=&uf=0&ma=&maval=&lf=1&lf2=&lf3=&type=2&size=1&txtstyle=&style=&submitted=true&intflavor=basic&origurl=%2Ftools%2Fquotes%2Fintchart.asp ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
