Nov
16
How Time Might Influence Markets, from Vincent Andres
November 16, 2010 |
Why time and cycles influence on price and markets may have changed over the years and meant different things at different times:
Time is change. No change, no time. Change is observable time. When our ancestors found regular, predictable cycles of change against which to measure the fluctuating rhythms of their bodies – their pulses and periods, their breathing and blinking – they founded the science of timekeeping. Once timekeeping started, life could never be the same again. Humans had a unique way of organizing memory and anticipation, prioritizing tasks, and coordinating collaborative endeavors….
In the Western world, we ceased long ago to observe lunar months, except for the calculation of some rather arcane religious festivals. We can no longer be sure that the sun is at its high point at noon, nor can we still set our watches by the progress of the guard stars around Polaris. We no longer even have to respect the passage of the seasons or the sequence of the days. We can measure time according to whatever convention pleases us or best suits our ways of life and habits of work.
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