Mr. F. Hope-Jones

Absence of 1/f Spectra in Dow Jones Daily Price

The power spectra for the daily Dow Jones average, both the original series and the de-trended series, are calculated. The spectra are of the form 1/ fCi with a close to 2 instead of 1. Also studied is the distribution of daily price changes which is in-between an exponential and a power law function. With certain criterion, this result suggests that stock market activities may not be qualified...

Absence of 1/f Spectra in Dow Jones Daily Average

The power spectrum of the daily Dow Jones industrial average is calculated. It has been shown that the spectrum is P (f) 1=f, very close to that of the random walk series (1=f noise). In contrast to some previous belief, the Dow Jones index as well as other stock prices time series are not 1=f noise. The distribution of the daily change of the Dow Jones industrial average is also calculated. Se...

Abstract Purpose of the a Mr F

A major faci is being establis Standards (NBS provide extreme emulating a wide varilsty Bf rn typlcal of a small machine job shop. The control architecture adopted is hierarchical in nature and highly modular. The facility will be used for research on interface standards and metrology in an automated environment. The Congressional Acr e d n g up the National Bureau of Standards charges the Bure...

Hope against Hope

In the penultimate chapter of the Bible, in the opening statement of the very last speech God makes in the whole of the Christian Scriptures, God says: "Behold I am making all things new" (Rev 21:5). The prophet sees the old heavens and the old earth the universe as it now is passing away, and new heavens and a new earth, God's new creation of all things, coming into being. It is not that God r...

"Hope, Danger's Comforter": Thucydides, Hope, Politics