Waves and science

This morning I'd like to share some comments made by "Merlin" regarding his BP charts that he posts at his Chartsedge site (on the page at www.chartsedge.com/wp/) and which he also permits for sharing (I post them at my www.unbiasedtrading.blogspot.com and www.ubtnb3.blogspot.com sites). When you read these comments you will understand why I find them significant for the Tao of Trading ... not only does an understanding of the cyclic nature of things help us as persons in this endeavor (and other aspects of life) - it also informs our understandings of how and "why" the markets operate.

Here's some information Merlin has provided this morning about his work on the BP sensor charts:

This weekend was eventful for me as I was working on adjustments to the BP2 chart data.

It is necessary to make certain suppositions about the nature of how a thing works in order to be able to reliably anticipate the results. This is very true about the BP data. More by accident than design did I happen across an answer without first theorizing the result. Moving down that path has brought me to what appears to be a truth as to why it is possible to anticipate market action and why the data operates in multiple time frames. By that I mean that the BP2 sensor forecasts further into the future than the BP1.

The Chinese call this type of divination feng shui.

This truth of which I speak lends credence to some very specific aspects of astrology as well as feng shui and others and was so neatly and clearly before me that I failed to see the nature of the relationship for over five years as I collected BP and market data.

The beauty of the theory behind the BP sensors as market precursors is that the suppositions are few and very modest in their scope. Occam would smile.

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Here's the general background information he provides about the BP charts on the Chartsedge site (you can see the link in the "other sites of interest" listed along the right-hand side of this site):

WHAT IS A BP CHART?
BP is short for 'beta particle'. These charts are created by measuring the effect of Very Low Frequency (VLF) radio waves on sub-atomic particles. It seems that these waves affect the attitudes of investors in such a way that changes in the direction of the markets can be anticipated several hours in advance. Two charts are posted here each day. One in the morning which usually covers the market until noon and then a complete chart which predicts till the close. The charts predict the bias direction and not the strength of the move.