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To: OLDTRADER who wrote (123037)5/7/1999 11:27:00 AM
From: HRP  Read Replies (1) | Respond to of 176387
 
<< RE:HAL-There ain't no HAL's or "answer men" in this world --IF in fact there were-- HAL-baby would
own the world!.So get of this thread. If there is one thing this thread needs-it is to get the "emporers
without clothes-light weights" excised.wbm >>

My post, to which your responded, pointed out one of the limitations of using a system such as HAL.

You responded that I such get off of this thread.

Perhaps you misread my post. Even if you didn't, a counter argument would have been more appropriate than telling me to get off this thread.

hrp



To: OLDTRADER who wrote (123037)5/7/1999 1:30:00 PM
From: jbn3  Read Replies (1) | Respond to of 176387
 
Re There ain't no HAL's or "answer men" in this world

WBM,

True. But the fact that something does not now exist does not, in and of itself, preclude a future existence.

100 years ago there were no airplanes
80 years ago there was no household refrigeration or air conditioning
60 years ago there were no jet aircraft or television, no atomic bomb, or nuclear power
50 years ago there were no supersonic aircraft
30 years ago there were no PCs
And what about lasers, electron microscopes, EKGs, polio and tetanus vaccines, manned orbital vehicles, walks on the moon, etc?

The list of things that at one time weren't there but now are taken for granted is very long indeed. I, for one, am interested in what HAL can and can't do, and am VERY interested in what HAL will be able to do in the future. One good way to find out is to have periodic updates of HAL's predictiong which we can then measure against actual market movement.

Actually, I find this type of post much more germane to the subject of this thread than the 'Go DELL Go' type posts we frequently encounter. Would you not be interested if at some point HAL attains a 70% or 95% accuracy rate on it's predictions?

JFWIW,

DELLish, 3.



To: OLDTRADER who wrote (123037)5/7/1999 5:59:00 PM
From: freeus  Respond to of 176387
 
reNo Hal in this world
But WM, the problem (IMHO) is that sometimes the T.A. does indicate that something is very wrong before the fundamentals seem to show it. I have followed many stocks that suddenly began having warning and sell signals and ignored those at my peril: the bad news comes out after all those in the know sell and bring the price down.
Of course, this is not accurate enough yet: many times stocks just go down and nothing happens and they go back up again.
I sure hope DELL is the latter since its a large part of my holdings and I know you hope so because its all of yours!!!!
Freeus