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Strategies & Market Trends : Neural Nets - A tool for the 90's -- Ignore unavailable to you. Want to Upgrade?


To: F Robert Simms who wrote (733)4/4/2000 10:38:00 PM
From: xu, b.  Read Replies (1) | Respond to of 871
 
>What event? LOL I just ignore it. My nets only look at >close and the close is just down a bit.

Price shock. Close-only systems filter out a lot of noises but it also throws out some signals. NASDAQ HL swing is close to 30%. This is A LOT. I was not surprised by the magnitude of decline but I was unprepared for the timeframe that all this is unfolding and in an election year!

At this point, there is no sense to guess the bottom. NASDAQ needs at least a revisit of low with low volume before the market can determine its next upturn.

MSFT is only a catalyst. I am more worried about the drying of liquidity that was flooding the market at the end of last year. It's my first time to see such a market decline in an election year.

I hope I can use my market knowledge to distill some good inputs for NN or someone can work with me on this project.

Bai