Mr. Mikhail Bongard is a Russian computer scientist that was mentioned in Mr. Douglas Hofstadter’s book, Godel, Escher, Bach: An Eternal Golden Braid. Mr. Bongard is known for his book on pattern recognition. His book contains 100 examples of Bongard problems. Here’s a link…. The general idea behind all of these problems is that there are fundamental cognitive principles that take place in solving them. By studying these problems one can begin to get a glimpse of the underlying structures of our thought processes. In addition, they can also drive you crazy.
Perhaps by studying these pattern recognition problems we can gain some conceptual understanding of the principles of pattern formation. This, in turn, may be helpful to us in our quest for patterns in the market.
On a different note, we had one X sell trade this week for a small .50 gain.
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