This research does not seem to be fair enough. These findings were already theorized by the French mathematician René Thom; he developed the catastrophe theory between 1968 and 1972.
http://en.wikipedia.org/wiki/Ren%C3%A9_thom
He published his work "Structural Stability and Morphogenesis" (1972), where he states the catastrophe theory may explain natural phenomena such as the beer bubbles, the tree barks, vulcanic activity, earthquakes, sea waves, and even a stock market catastrophes...
It's a shame this PDF doesn't even mention such fundamental theories. You may find more about this theory in: http://en.wikipedia.org/wiki/Catastrophe_theory
Slashdot Mirror
This research does not seem to be fair enough. These findings were already theorized by the French mathematician René Thom; he developed the catastrophe theory between 1968 and 1972. http://en.wikipedia.org/wiki/Ren%C3%A9_thom He published his work "Structural Stability and Morphogenesis" (1972), where he states the catastrophe theory may explain natural phenomena such as the beer bubbles, the tree barks, vulcanic activity, earthquakes, sea waves, and even a stock market catastrophes... It's a shame this PDF doesn't even mention such fundamental theories. You may find more about this theory in: http://en.wikipedia.org/wiki/Catastrophe_theory