摘要
类似于经济周期不同阶段的反复更替,国际(NBSK)纸浆市场也在“牛市”和“熊市”的不断更替中演进。参与国际市场交易,在不同市况下面临风险和机遇的多态性。本文依据美国芝加哥商品交易所经纪人拉瑞的“蝴蝶飞”的市场转向优化形态分析方法,对国际NBSK纸浆市场36年以来的价格路径进行了分型剖析验证,发现是一种很新鲜有效的价格发现预测方法和工具。
Just like the rotation of the different stages of the economic cycle, the international(NBSK)pulp market also progresses in the successive rotation of “bull market”and “bear market”. Participating in the trade on the international market will face the complexity of risk and opportunity under different market conditions. This paper investigates and verifies the price route of the past 36 years in the international NBSK pulp market with the “butterfly flying”market turn optimization form analytical procedure by Larry, the broker of Chicago Commodity Exchange and proves that this is a new and effective price discovery and prediction technique and tool.
出处
《中华纸业》
CAS
北大核心
2005年第11期66-73,共8页
China Pulp & Paper Industry
关键词
国际纸浆市场
拉瑞的蝴蝶
价格路径:蝴蝶飞
CD支翅的变量
螺旋比率平均值
international paper and pulp market
Larry's butterfly
price route
butterfly flying
variable of CD branch wing
mean value of spiral ratio