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Strategies & Market Trends : Systems, Strategies and Resources for Trading Futures -- Ignore unavailable to you. Want to Upgrade?


To: Stoctrash who wrote (6673)10/19/1998 9:24:00 AM
From: Patrick Slevin  Read Replies (1) | Respond to of 44573
 
Most of the data I have suggests the appropriate posturing would be to get long on a pullback in the first half hour today.

The Neural Net stuff still is in something of a "test" mode. Using a Neural Net is very time intensive...lots of work. I'm not certain if it will be worth the effort and, at first, I will only trade it using the Small. If I get that far with it, that is. I think the concept may lend itself better to more "stable" markets such as the Bond.

There was a lot to absorb about Neural Nets. I find myself hitting old copies of TASC to review obscure vehicles such as Z-Score. Which, incidentally, I think may be useful as a tool for System traders like Tom if he does not look at it now.

If you want more info on Z-Score, I probably could find a link; at worst I can provide a brief description of the concept.



To: Stoctrash who wrote (6673)10/19/1998 10:24:00 AM
From: donald sew  Respond to of 44573
 
Fred,

The DOW is up 45, but I thought it was a little surprising to see that the TRIN is over 1. Maybe just a confirmation of a TOPPING-OFF process.

seeya



To: Stoctrash who wrote (6673)10/19/1998 10:39:00 AM
From: flickerful  Respond to of 44573
 
<<I hit the Beta topic and he had no idea what a beta was!! Funny part is that his firm does like 2/3 of all the major mutual fund company's books!! >>

charming...oy vey.

( cash thank you ) flick