MDA - Market Direction Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

+1.0%

Nov 21 4:00 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Haim R. Branisteanu who wrote (19837)	7/11/1999 5:46:00 AM
From: Eddy Blinker	Read Replies (3) of 99985

Announcing termination of long term forecasts B&M Charts. Haim, When I picked on ECILF (ECIL) which was mentioned in your recommendations and run it through the network I knew that I could not lose out on a small gain.I sold on Thursday and went short after the news was released. So far it worked out fine. At the same time the neuro network run about 10 other different stocks similar to the ECILF model we constructed. No joy. Indicating that the scanning criteria -which must include significant change in volume-does play a major role.In retrospect-and as mentioned in my previous post I expected favorable "news" to be released possible on Friday.It happened the following week.When you go back to your files you will notice that the volume was over a million on the 28th (when the "in the know of pending news" seem to have bought the stock. Ref: 30 days forecasts After the debacle we experienced with our most recent Nasdaq index forecast exactly executing the opposite as the forecast predicted namely a significant rise instead of the predicted drop we searched for answers but could only find one which would make sense as far as the network is concerned. In our opinion presently and since the interest rise took place the market is out to challenge the law of gravity in speculative defiance mode.No neural network can cope with this development because it has no learned experience to fall back on. Consequently we consider present global indices to be out of whack in a dimension which will defy any meaningful 30 day neural forecast for the next 5 years ( excluding any significant market correction.) And if that occurs the network still needs about 5 years to realign to reality. But all is not lost. Quite the contrary. Rolling with the punches B&M will from now on just switch to daily forecasts of individual stocks. Preferable those which are presently the selected targets of speculators, lunatics and cyber fanatics gambling on images and distorted facts. Daily Yahoo forecasts if they are as good as the last ones we displayed at daytrader.cc should attract plenty of clickers and shift the MDA clock into higher gear. Regards, ED

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next