From: Eugene Kononov <DoNotUseThis@Address.com>
Newsgroups: sci.nonlinear,sci.math,sci.math.research
Subject: Re: Nonlinear dynamics in the Financial Markets
Date: Sat, 09 May 1998 23:08:11 -0400

Thomas Trenker wrote:
> 
> I'm doing research on nonlinear dynamics in the financial markets, in
> particular on the impact of information (news) and the interplay of stock
> markets on a global scale. I have background in finance, mathematics and
> statistics, but I am new to the nonlinear field. Are there any good
> introductory books or other resources out there? 


There are some books that I have read, directly related to the subject,
with brief comments:

1. E.Peters "Chaos and Order in Capital Markets"
   Considered to be the bible of chaos-in-market researchers.
   Very inspiring. I recommend you read it first.

2. E.Peters "Fractal Market Analysis"
   Logical continuation of the first book, some repetitions, not
   as many good ideas.

3. R.Trippi "Chaos & Nonlinear Dynamics in the Financial Markets"
   Excellent collection of scientific articles by different authors.
   Lots of math. Lots to try and test. My favorite book among the five.

4. B.Mandelbrot "Fractals and Scaling in Finance"
   Very hard to read. Not very well organized. I expected much more.

5. B. Williams "Trading Chaos"
   Garbage, from the point of view of someone studying chaos in finance.

================================================================
Eugene Kononov                  Visual Recurrence Analysis Page 
Email: eugenek@ix.netcom.com    http://pw1.netcom.com/~eugenek  
================================================================