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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank -- Ignore unavailable to you. Want to Upgrade?

To: predictor who wrote (6295)	3/21/1998 1:54:00 PM
From: RWS	Respond to of 120523

I'm enjoying following your work, but I'm a little baffled by your error calculations. What do you think of this? Price Change in Price Predicted Actual Predicted Actual H L H L H L H L 3/20 522.05 516.85 525.31 519.71 2.34 0.09 5.60 2.95 3/19 520.20 515.02 519.71 516.76 2.33 2.01 1.84 3.75 3/18 516.77 511.62 517.87 513.01 2.27 1.52 3.37 2.91 3/17 514.5 510.1 I would calculate the error as % error=( Actual Change - Predicted Change) /Actual Change, with the following results. % Error H L 3/20 +58.2 +97.0 3/19 -26.7 +46.4 3/18 +32.6 +47.7 As an option trader these error numbers seem more meaningful to me. I admire someone who not only predicts which way the market will go, but also how much it will move. Keep up the brave work. Who was it that said a bull market makes geniuses of us all. RWS