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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 (309)	11/26/1998 2:05:00 PM
From: Patrick Slevin	Respond to of 871

I printed your post out so I won't forget to go thru it later. At the moment I have to get ready for holiday company. <I consider my NN's only one indicator (the best) and try to use it in conjunction with other indicators.> That's where, I think, there is philosophical barrier between traders and systems traders. Every system trader I have ever talked to says you have to take the signals and discard other pieces of information. I don't think I could do that either. If everything I had said to go long then the best system I had could not get me short nor could it keep me short in an uptrending market. Don't misunderstand Ground Zero; AP is not his primary tool, of that I am certain. I believe rather that he relies on it more as a confirming indicator and a "clue" as to possible direction and speed. I'm quite positive he does not use it as an entry/exit signal. Have a good holiday.