The OEX... gasp! 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 : The OEX... gasp!

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Stuart Briscoe who wrote (205)	12/16/1996 10:56:00 PM
From: Jerry Rosenberg	of 658

I used the AIQ program to analyse stocks. However, its signals to buy and sell were accurate only 40% to 50% of the time, perhaps a bit less. These "artificial intelligence" programs are trailing indicators and often are better on some securities than others. An example might be a stock which is touted by a newsletter may give a buy Signal when people have already moved in and are now preparing to take profits. Other instances abound especially on the Nasdaq. i.e. Market makers selling stock to one another pumping the volume up etc. The new upgrade of the program allows me to make a "market" out of any list of securities similar to the DOW/Nasdaq/etc. So I made a list of the SP100 and it calculates all the stocks individually and then averages it out to a "market". I pay no attention to the actual numbers as results since the SP100 is weighted for splits etc. It does tell me Direction/advances vs Decliners/ etc etc. in other words it does for the S&P what it does for the dow, on an individual stock basis. So far it seems to be working. This weekend I do the sp500. (assuming I can get an exact & correct liist of the s&p.) I will keep you updated. jr

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next