[Article] A Socionomic Perspective on the Microsoft Case
The Timing of Attacks on Successful Corporations.
The Timing of Attacks on Successful Corporations.
Robert Prechter explains that the human unconscious is thus disposed toward patterns of behavior that reflect the Wave Principle.
Research in the fields of complexity theory, fractal geometry, biology and psychology has validated components of the Wave Principle.
Prechter explains that the stock market and many natural forms, such as snowflakes or trees, reflect similar patterns and relationships: They are all fractals.
Professor Nofsinger reviewed all major investment legislation from the 1920s to present. He found that the character of each new investment law reflected the direction of the stock market prior to its enactment.
There is probably not one person in a million who would disagree with the conventional view, espoused everywhere, that the attacks of September 11, 2001 and the subsequent deliverance of anthrax-laced letters to individuals shattered the confidence of Americans. Yet that conclusion flies in the face of the facts.
Since plotting an aspect of a stylized tree produces a stylized Elliott wave, we may reiterate the suspicion that plotting aspects of robust fractals in the form of arbora in nature is likely to produce robust fractals called Elliott waves, with all the natural order and variation that we have come to know from their expressions in financial markets.
Both supporters and critics of the Federal Reserve System agree that the first cause of paper money inflation and credit expansion in the U.S. since 1913 is the Fed. How does a socionomist respond to this assertion?
The Enron Scandal: A Case in Point. The socionomic insight is that the conventional assumption about the direction of causality between social mood and social action is not only incorrect but the opposite of what actually occurs.
Since the Great Depression, we have had immense improvements in science and technology. Given seven additional decades of data collection and progress in econometric techniques, one might presume that the forecasting tools of macroeconomics have become vastly more effective than their predecessors of 1929. Yet as recently as 1988, some leading economists went on the record about the profession’s lack of progress.