Are markets mental or physical entities?

Are markets mental or physical entities?

The questions just posed are interesting when we consider flocks of gyrating birds or the behaviour of human crowds, as psi is sometimes claimed to explain the antics of the former.

And stock market behaviour is a very good example of the often irrational and highly emotional activity of human crowds.

When we look at a graph of anything, we are observing a correlation (or mathematical mapping) of highly physical events.

• On one extreme, the plotting of average daily British temperatures is inviolate, even though various psychics have claimed to alter local conditions.
• On the other extreme, stock market performance reflects that very interesting borderland inhabited by desire and consequence.

The major difference between these two poles is that markets involve direct participation and feedback, something parapsychology has been trying to achieve for aeons.

The essential factor to bear in mind is that stock markets are driven by the twin passions of ‘greed’ and ‘fear’, prompting sharp movements up or down.

http://www.assap.org/newsite/Docs/Shares.pdf