sacred space

[From Norman Hovda (991101,1140 MST)]

[From Bill Powers (991030,0758 MDT)]

[snip]

Also, let us recognize that even approximately true events rarely occur in
nature. Most transitions are smooth and continuous, one state of the world
blending into the next along curves, not in sudden jumps. Perceptions are
continuously present, even "between stimuli;" the parts of the perceptual
world are continuously related to each other, and when we control them we
bring them smoothly from one relationship into another, or maintain them in
continually-varying relationships. Generally we should speak of variables
(including their first and second derivatives -- velocities and
accelerations) as having values which are maintained and varied, rather
than as being events that simply occur as if at an instant of time and then
disappear.

These above words, and the extent to which I comprehend the meaning
conveyed by them, make one of the finest descriptions I've ever read
corresponding beautifully with my unarticulated POV about price data (if
organized properly) derived from free market exchanges and they
encourage me as to the potential for better market (read human
interaction) understanding as enabled by PCT.

Inspiring words revealing new sacred space Mr. Bill.

Thanks,
nth

[From Norman Hovda (991101,1140 MST)]

These above words, and the extent to which I comprehend the meaning
conveyed by them, make one of the finest descriptions I've ever read
corresponding beautifully with my unarticulated POV about
price data (if
organized properly) derived from free market exchanges and they
encourage me as to the potential for better market (read human
interaction) understanding as enabled by PCT.

I would think that, strictly speaking, a price is well-determined only
at the time of a transaction. In this sense, it seems to me, that price
is inherently discrete.

Bruce Gregory