Thu, 17 Nov 2005 Random Why Question Dear Sir If stock prices are not random then why we are not able to calculate the next price on the chart ?
FAQ does not attempt to answer why questions. YOU might consider putting your question into S-VOP form by providing an indication of the meaning of “we” and to which chart you refer. Charts are not random in the sense that prices open today at about the same level they close yesterday. In that sense, you can calculate today’s open to lie in a small range around yesterday’s close. If You Throw These Dice over and over again they always come up three green, two blue, a white and a black. Clip: http://gallery.hd.org/_exhibits/maths/chance-dice-random-numbers-3-AHD.
