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Gold/Mining/Energy : International Canalaska (V.ICA)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: Jim Harris who wrote (618)10/11/1997 11:44:00 AM
From: alan von weiler   of 891
 
You guys are right! History does tend to repeat itself.!

I've lost money and made (some) money all year looking at only fundamentals... and I'm not having any FUN. So now I'm looking at how history tends to repeat itself. Last fall, ICA was low and in the spring it was high. (Visual observation studying the charts on CanadaStockwatch). I now have a Neural Net program running which looks at how previous trading patterns affect prices ten days in the future, then calculates a trading model, tries to repeat results and tries to improve it. So far it has been running for 196 hours (yes, it takes that long on my Pentium 100) and it predicted Fridays price rise, offering a 72.6% confidence factor. I have yet to check it this morning, but last night it was telling me ICA would rise on Tuesday, offering a 70% confidence factor. The program is not perfect but it seems to be very good. The program does have a down side or two but I like it and am using it to trade on ICA. (Web page address shown below for those interested).

Regards,

Alan

pdicsoft.com
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