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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: Eagle who wrote (10377)	6/18/1998 1:36:00 PM
From: LastShadow	Read Replies (1) \| Respond to of 120523

Market Gems and the Position Trading Account Starting Sunday, June 21 (Happy Father's Day, btw), I will post the Daily Watch List to marketgems.com for our subscriber base, as well as a Weekly Column on things like Software Reviews, Playing Gap Strategies, Pre-Holiday effects (I will be posting the historical basis for the July 4th holiday here this weekend), etc. On the Silicon Investor thread here, I will begin a Position Trading Account this Sunday based on the technical analysis and new neural net. I will run this account here up until July 16th (on vacation from 7/17-7/26) after which time I will probably move that account to the Market Gems website. This Position Trading Account will be managed differently based on the input and requests I received after the first one. Essentially, the neural net has been designed to optimize profit for end of day traders, and as such could then be used by both daytraders and others who do not have intraday access. Intraday traders will be able to obtain a better return simply by timing entries and exits based on the guidelines I will supply. End of day traders will be given entry/exit signals the night before and the model will asume, and calculate all profits, based on at-open, at-market prices. I have been live trading this network for the last two weeks to isolate th dozen or so best nets for this effort. My average annualized return for the DJIA stocks and the S&P500 (SPY) is running around 100%, and these are the worst performing nets. The best nets are generating long/short signals that annualize between 350-850% per year. Understand that this is just based on the first 2 weeks of June, even though the return was better when I paper traded from Jan 1 - June 1 on data the nets had not seen or been trained on. One should also appreciate that the Trading Strategy I have been using is a Long or Short only - in other words, one enters a long position, later exits and shorts immediately, and then buys to cover and goes long again. Therefore, anyone only taking long positions will make around half the possible gain. I will abandon trading those stocks which no longer produce appreciable gains. The live and paper trading efforts required an average of 3-4 trades per stock per month, and I will look to enter about 6-8 stocks as the net dictates and not all at once. Since this is a long or short strategy, one could enter or exit the account at any time or any level, rather than only at the start of the months. I will explain this more in detail this weekend. lastshadow