Daily Speculations The Web Site of Victor Niederhoffer and Laurel Kenner

Market as Meaning, from James Sogi

The paper, "The Mathematical Theory of Communication," by C.E. Shannon discusses the mathematical underpinning of the idea of the market as communication. The idea is that the various moves spell out letters or words that convey meaning. What is the meaning of the moves, what do they say? How much information do you need to figure this out.