Oct
7
What’s With the Sixes, from Anatoly Veltman
October 7, 2010 |
Ever since the big S&P bear market low of 666 [on 2009/03/06] (hit precisely at the end of long voyage from 1586 top), traders seem to have found a religion. Gold bumped into 1266, and couldn't overcome it all summer long! And finally 1366 this morning. Once a staunch atheist, I'm a believer myself now– I think.
Kim Zussman comments:
This is an example of the hypo-arcsine law: X6666 is always 2/3rds of something, which is itself is an artifact of the hubristic categorization of the universe in base 10.For example in tennis, every shot has to cross the 2/3 point between players before the ball can be returned.
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