The Nasdaq crash of April 2000: Yet another example of log-periodicity in a speculative bubble ending in a crash

European Physical Journal B

Volumn 17, Issue 2, 2000, Pages 319-328

  Johansen, A ^a   Sornette, D ^a,b,c  

^a UNIVERSITY OF CALIFORNIA   (United States)

^b UNIVERSITY OF CALIFORNIA   (United States)

^c UNIVERSITÉ CÔTE D'AZUR   (France)

Author keywords

01.75.+m Science and society; 02.50. r Probability theory, stochastic processes, and statistics; 89.90.+n Other topics of general interest to physicists

Indexed keywords

EID: 0000071062     PISSN: 14346028     EISSN: None     Source Type: Journal    
DOI: 10.1007/s100510070147     Document Type: Article

References (29)

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24. The footnote 12 of D. Stauffer, D. Sornette, Physica A 252, 271-277 (1998), reported the following: "prediction of the stock market turmoil at the end of October 1997, based on an unpublished extension of the theory, have been formally issued ex-ante on September 17, 1997, to the French office for the protection of proprietary softwares and inventions under number registration 94781. In addition, a trading strategy was been devised using put options in order to provide an experimental test of the theory. A 400% profit has been obtained in a two week period covering the mini-crash of October 31, 1997. The proof of this profit is available from a Merrill Lynch client cash management account released in November 1997. See also H. Dupuis Un krach avant Novembre in Tendances the 18 September 1997, page 26, referring to the work of N. Vandewalle, A. Minguet, P. Boveroux, M. Ausloos using the same type of log-periodic signals in [25].
25. The footnote 12 of D. Stauffer, D. Sornette, Physica A 252, 271-277 (1998), reported the following: "prediction of the stock market turmoil at the end of October 1997, based on an unpublished extension of the theory, have been formally issued ex-ante on September 17, 1997, to the French office for the protection of proprietary softwares and inventions under number registration 94781. In addition, a trading strategy was been devised using put options in order to provide an experimental test of the theory. A 400% profit has been obtained in a two week period covering the mini-crash of October 31, 1997. The proof of this profit is available from a Merrill Lynch client cash management account released in November 1997. See also H. Dupuis Un krach avant Novembre in Tendances the 18 September 1997, page 26, referring to the work of N. Vandewalle, A. Minguet, P. Boveroux, M. Ausloos using the same type of log-periodic signals in [25].
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