Fundamental Framework for Technical Analysis

Starting from the characterization of the past time evolution of market prices in terms of two fundamental indicators, price velocity and price acceleration, we construct a general classification of the possible patterns characterizing the deviation or defects from the random walk market state and its time-translational invariant properties. The classification relies on two dimensionless parameters, the Froude number characterizing the relative strength of the acceleration with respect to the velocity and the time horizon forecast dimensionalized to the training period. Trend-following and contrarian patterns are found to coexist and depend on the dimensionless time horizon. The classification is based on the symmetry requirements of invariance with respect to change of price units and of functional scale-invariance in the space of scenarii. This ``renormalized scenario'' approach is fundamentally probabilistic in nature and exemplifies the view that multiple competing scenarii have to be taken into account for the same past history. Empirical tests are performed on on about nine to thirty years of daily returns of twelve data sets comprising some major indices (Dow Jones, SP500, Nasdaq, DAX, FTSE, Nikkei), some major bonds (JGB, TYX) and some major currencies against the US dollar (GBP, CHF, DEM, JPY). Our ``renormalized scenario'' exhibits statistically significant predictive power in essentially all market phases. In constrast, a trend following strategy and trend + acceleration following strategy perform well only on different and specific market phases. The value of the ``renormalized scenario'' approach lies in the fact that it always finds the best of the two, based on a calculation of the stability of their predicted market trajectories.Comment: Latex, 27 page

Architecture and noise analysis of continuous variable quantum gates using two-dimensional cluster states

Due to its unique scalability potential, continuous variable quantum optics is a promising platform for large scale quantum computing and quantum simulation. In particular, very large cluster states with a two-dimensional topology that are suitable for universal quantum computing and quantum simulation can be readily generated in a deterministic manner, and routes towards fault-tolerance via bosonic quantum error-correction are known. In this article we propose a complete measurement-based quantum computing architecture for the implementation of a universal set of gates on the recently generated two-dimensional cluster states [1,2]. We analyze the performance of the various quantum gates that are executed in these cluster states as well as in other two-dimensional cluster states (the bilayer-square lattice and quad-rail lattice cluster states [3,4]) by estimating and minimizing the associated stochastic noise addition as well as the resulting gate error probability. We compare the four different states and find that, although they all allow for universal computation, the quad-rail lattice cluster state performs better than the other three states which all exhibit similar performance

Phase transition in a spring-block model of surface fracture

A simple and robust spring-block model obeying threshold dynamics is introduced to study surface fracture of an overlayer subject to stress induced by adhesion to a substrate. We find a novel phase transition in the crack morphology and fragment-size statistics when the strain and the substrate coupling are varied. Across the transition, the cracks display in succession short-range, power-law and long-range correlations. The study of stress release prior to cracking yields useful information on the cracking process.Comment: RevTeX, 4 pages, 4 Postscript figures included using epsfi

Cohomology for infinitesimal unipotent algebraic and quantum groups

In this paper we study the structure of cohomology spaces for the Frobenius kernels of unipotent and parabolic algebraic group schemes and of their quantum analogs. Given a simple algebraic group $G$, a parabolic subgroup $P_J$, and its unipotent radical $U_J$, we determine the ring structure of the cohomology ring $H^\bullet((U_J)_1,k)$. We also obtain new results on computing $H^\bullet((P_J)_1,L(\lambda))$ as an $L_J$-module where $L(\lambda)$ is a simple $G$-module with high weight $\lambda$ in the closure of the bottom $p$-alcove. Finally, we provide generalizations of all our results to the quantum situation.Comment: 18 pages. Some proofs streamlined over previous version. Additional details added to some proofs in Section

Forward jets and forward WW-boson production at hadron colliders

In this talk we give a short review of forward jets and forward $W$-boson production at hadron colliders, in view of the extraction of footprints of BFKL physics. We argue that at Tevatron energies, dijet production at large rapidity intervals is still subasymptotic with respect to the BFKL regime, thus the cross section is strongly dependent on the various cuts applied in the experimental setup. In addition, the choice of equal transverse momentum cuts on the tagging jets makes the cross section dependent on large logarithms of non-BFKL origin, and thus may spoil the BFKL analysis. For vector boson production in association with two jets, we argue that the configurations that are kinematically favoured tend to have the vector boson forward in rapidity. Thus $W + 2$ jet production lends itself naturally to extensions to the high-energy limit.Comment: LaTeX, JHEP style, 10 pages, 3 figures. Based on a talk at EPS2001, Budapest, Hungar

The Structure of Barium in the hcp Phase Under High Pressure

Recent experimental results on two hcp phases of barium under high pressure show interesting variation of the lattice parameters. They are here interpreted in terms of electronic structure calculation by using the LMTO method and generalized pseudopotential theory (GPT) with a NFE-TBB approach. In phase II the dramatic drop in c/a is an instability analogous to that in the group II metals but with the transfer of s to d electrons playing a crucial role in Ba. Meanwhile in phase V, the instability decrease a lot due to the core repulsion at very high pressure. PACS numbers: 62.50+p, 61.66Bi, 71.15.Ap, 71.15Hx, 71.15LaComment: 29 pages, 8 figure

Electronic structure of spin 1/2 Heisenberg antiferromagnetic systems: Ba_2Cu(PO_4)_2 and Sr_2Cu(PO_4)_2

We have employed first principles calculations to study the electronic structure and magnetic properties of the low-dimensional phosphates, Ba2Cu(PO4)2 and Sr2Cu(PO4)2. Using the self-consistent tight-binding lin- earized muffin-tin orbital method and the Nth order muffin-tin orbital method, we have calculated the various intrachain as well as the interchain hopping parameters between the magnetic ions Cu2+ for both the com- pounds. We find that the nearest-neighbor intrachain hopping t is the dominant interaction suggesting the compounds to be indeed one dimensional. Our analysis of the band dispersion, orbital projected band struc- tures, and the hopping parameters confirms that the Cu2+-Cu2+ super-super exchange interaction takes place along the crystallographic b direction mediated by O-P-O. We have also analyzed in detail the origin of short-range exchange interaction for these systems. Our ab initio estimate of the ratio of the exchange inter- action of Sr2Cu(PO4)2 to that of Ba2Cu(PO4)2 compares excellently with available experimental results.Comment: 6 pages, 4 figure

0-pi transitions in Josephson junctions with antiferromagnetic interlayers

We show that the dc Josephson current through superconductor-antiferromagnet-superconductor (S/AF/S) junctions manifests a remarkable atomic scale dependence on the interlayer thickness. At low temperatures the junction is either a 0- or pi-junction depending on whether the AF interlayer consists of an even or odd number of atomic layers. This is associated with different symmetries of the AF interlayers in the two cases. In the junction with odd AF interlayers an additional pi-0 transition can take place as a function of temperature. This originates from the interplay of spin-split Andreev bound states. Experimental implications of these theoretical findings are discussed.Comment: 4 pages, 2 figure