Requiem, from James Sogi

August 4, 2007 |

 The Mass left partially finished by Mozart at his death must be one of the greatest musical works. In a Baroque style, there are contrasting quick rhythmic patterns punctuated by large moves of overlaying sweeping choral chords. In other musical pieces, and typically in the ending of a rock and roll song, the band will sustain the last chords in a slowed climactic chord. This seems to satisfy the emotional need of the listener.

Music in essence is emotion, as is the market. The market traces the path of emotion, from the rapid rises of hope, and the climactic chords of the recent down moves in the last two weeks. These climactic moves at tops last month and bottoms satisfy or reflect the emotions of the traders and market participants. It needs to be this way to resolve itself. It can't shut off short, or it would lack resolution, finality, satisfaction. If the repetition goes on too long, it become boring, stultified.

Humans crave emotional stimulation, the depths of despair, catharsis, ecstasy and rapture. They pay for it in secondhand form at the movies, plays, books. They try create drama in day-to-day events, when none is needed or called for, in order to satisfy this need of the emotions. It is a powerful force and as we have seen moves billions of dollars.

At the end of many musical pieces is the coda, a last repetition and resolution of the prior theme, typically repeated three or four times prior in a ballad, the modern musical form. Even rap follows a standard structure of intro, three to four courses of a theme, and a coda resolving the piece. The market time is not a heartbeat but plays out over weeks and months, which is a time signature foreign to normal individual human rhythms and is accessed only through other means.





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