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Technology Stocks : NewsEdge (NEWZ = INDV + DTOP) -- Ignore unavailable to you. Want to Upgrade?


To: Ms. Baby Boomer who wrote (810)10/16/1998 12:02:00 AM
From: Len Giammetta  Read Replies (1) | Respond to of 2365
 
Hi Maria, I'm afraid that I don't have much good "NEWZ" just yet. I recently reconstructed another net on NEWZ based on tips, advice and observations of several contributors to the Neurostock thread. On backtest it resulted in a very accurate model, but it still leaves a little to be desired. This new NEWZ net(say that 3 times fast)signaled a sell on 9/28/98 and has since been signalling sells and holds. That's why I cashed out the other day. I was hoping(actually drooling) for a buy signal tonight after todays action, but I guess the net is holding out for the "big move" and has signalled yet another hold. If its any consolation though, the net has only a 55% confidence in its own prediction.

Actually my last buy-in was against the nets advice. I just couldn't resist. I got lucky getting out on the bounce.

Back to watching and waiting...