More on A Statistical Analysis of Log-Periodic Precursors to Financial Crashes
Abstract
Description
We respond to Sornette and Johansen's criticisms of our findings regarding log-periodic precursors to financial crashes. Included in this paper are discussions of the Sornette-Johansen theoretical paradigm, traditional methods of identifying log-periodic precursors, the behavior of the first differences of a log-periodic price series, and the distribution of drawdowns for a securities price.
12 LaTex pages, no figures
12 LaTex pages, no figures