The goal of this website is to discuss trading financial markets through the lens of nonlinear models and technical analysis (TA). I will be primarily using indexes or currencies as basic tracking indicators. They are accessible to most trading accounts and tend to have active option markets for those thus inclined. I also am going to sell my research signals to a limited clientele.
So what do mummies have to do with trading?
In the sci-fi/horror genre years back (think Jonny Quest as a thumbnail sketch) the mummy was very strong but not agile. He would vanquish his victims with a mighty ‘bear hug.’ Likewise, you cannot overpower (move) the market, additionally the market can ‘kill’ your trading account if it catches you on the wrong side of the move for an extended time.
So the rule of the trading game is: The Mummy (market) is stronger and try to grab and crush you. But with some foreknowledge, you can anticipate his mores, deliver a few good blows (profitable trades).
I have over 30 years of experience working on trading models. I have worked at CompuTrac (pioneers in automated TA) and LBS Capital Management (pioneers in artificial intelligence). I believe the universe is a created object and thus contains an underlying order. The “Mummy” metaphor should provide an interesting insight for market watchers.
GH Garrett – Veteran Commodity Watcher