I guess I did get a little overheated for no reason. My apologies. Anyway with respect to randomness, in the markets it's not like a simple coin flip. Power laws come into play. Price clustering takes place because of the scale invariance market prices exhibit. Risk isn't evenly spread out, but rather concentrated more in certain areas than others, relative to time. I'll leave it at that for now.
- Joined Feb 2006 | Status: Blah blah blah | 1,410 Posts
The breaking of a wave cannot explain the whole sea.