[blam]

We're all gonna die!

[smith288]

"Says UCLA Physicist"

Physicists said the same thing before the great depression

[general_re]

(looking for hot stock tips...)

:^)

[isthisnickcool]

Here is a graphic of one theory. I call it the plumbers butt theory.

[Lil'freeper]

Shades of Asimov's Hari Seldon.

[Roscoe]

http://pup.princeton.edu/chapters/s7341.html

[Texbob]

Another Liberal democrap trying to talk the economy down. He will not be anymore successful than Beady Eyed Dascle.

[always vigilant]

Ok Mr. UCLA physicist, why don’t you mortgage you house to the hilt and purchase some long term puts. Why not you say, because you don’t know.

Typical

[Mike Darancette]

I would put more stock in this guy's thoery if he was writing his book from the deck of his 110' yacht moored off Monte Carlo.

[oldcomputerguy]

When you combine his predictive charts with Elliott Wave theory, you have a perfect fit.

The current rally is likely your last chance to get out, or better yet, get short. The cliff looms just ahead.

His prediction of 700 on the SP by 2004 is way high however. It will more likely be 500-600 somewhere.

[jlogajan]

Actually, any successful prediction tool will modify the markets by its adoption because it changes peoples' behavior, thus making the prediction tool worthless.

[VRW Conspirator]

Sornette has developed algorithms -- based on sophisticated mathematics, statistical modeling techniques and collective behavior theory -- that enable him to analyze more than two dozen stock markets worldwide. Applying techniques of physics to economic data, he has developed a quantitative model that can predict the signatures of a coming stock market crash.

Translation: Triple decker Barnyard Droppings disguised to fund useless research for several years. Put your money where your mouth is professor, and maybe we will talk.

[oldcomputerguy]

http://www.iop.org/EJ3-Links/31/oLPN1hQROMvWIF6JoxUtnA/qf2606.pdf

This is the URL of the abstract pdf file which includes his charts for the doubters.

[austrianecon]

He did hit on the true cause of downturns and bubbles that didn't really require all his fancy mathematical modeling. It's credit expansion and easy money.

[aimhigh]

The next crash comes just in time for the next election. Hillary must be salivating.

[HumanaeVitae]

This is a fairly common occurence. Scientists view everything as logical mechanisms that need to be probed and then plotted on a graph. Markets involve humans. I think that this system will fail like all the others...

[RightWhale]

Another chartist. If he were worth listening to he should have a radio show. In one paragraph he says he can't tell if the bubble ends with a burst or a long bear. Then he says we are going to end this one with a long bear. Roll dem dice, Didier.

[I_be_tc]

has found patterns that occur in market crashes dating back for centuries.

Centuries? Wow, this guy is good. I wonder how many centuries he went back to study the market?

TC

[Maelstrom]

A most reliable way to "predict" market crashes is to create them. Self-fulfilling prophecy is the term used.

Now the Astute Reader should ask: why would a professor from UCLA wish to create a self-fullfilling prophecy concerning a market crash around 2003-2004?

Conservatively Yours

[The Wizard]

everyone has a mouth and an opinion

[FreedomCalls]

The sky is falling. She told me so.