29
Jan
2008
Buy or Sell iShares MSCI Brazil Index (EWZ)?
Posted by Tom as ETF's, Neural Nets, Products, Wallstrip
Just for fun and to test out the robustness of the Stock Neuromaster system, I’ve decided to create a small selective portfolio of stocks and ETFs, generate BUY and SELL signals, and follow along in this blog to see what happens. To kick this off, and in honor of Wallstrip’s new host Julie Alexandria, I’ve decided to add the Brazilian iShares ETF (EWZ) to the portfolio.
Although this happened last week, the model issued BUY signal on the evening of 1/22/08, which was executed on 1/23/08 @ $66.11 (open) for EWZ and the current recommendation is to HOLD at today’s open (I previously wrote the wrong signals because I was looking at the wrong model, sorry.)
If you have any suggestions for which stocks or ETFs you’d like to see in this portfolio, leave me a comment with the symbol. To play around with Stock Neuromaster, you can get a 14 day free trail here.
2 Responses
Damian
January 29th, 2008 at 9:59 am
1Looks to me like it allows prediction based on Zig-zag or moving average only (in terms of creating the model) - am I seeing this incorrectly? What kind of parameters did you use for your model?
Tom
January 29th, 2008 at 11:55 am
2Damian, I think you are seeing it correctly and that’s what I think its doing too.
For the model building, I used their Fast Normal price change and 1 level of noise infiltration.
The software is geared to be very hands off for a normal data modeler and is for people who want to use a Neural Net program but don’t care how it works.
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