ARTICLE SYNOPSIS...A sojourn through random territory by Henry S. Patricoff The New York Stock Exchange Advance/Decline (A/D) figures, dice, and roulette have a bit in common on a probability basis. The figures are for these particular 6,500 trials. At some future sampli
ARTICLE SYNOPSIS...Contrary opinion by Henry Van Kessel A contrarian is a person ahead of the times. He sees things others don't. Like a master chess player, he observes more pieces of the situation, looks further on the horizon. When the situation is right, he plays a bi
ARTICLE SYNOPSIS...Life Cycle Model Of Crowd Behavior by Henry O. Pruden, Ph.D. For a large part of the past 30 years, the discipline of finance has been under the aegis of the efficient market hypothesis. But in recent years, enough anomalies have piled up, cracking its
ARTICLE SYNOPSIS...Revery: Computerized Stock Market Trading by Henry S. Patricoff A recent article in Barron's expressed the view that the options Index market has become so large that possibly it is the tail that is wagging the dog. Aside from a spectacular one or two