13
Feb
2008
Sold iShares MSCI Brazil Index (EWZ)
Posted by Tom as ETF's, Forex, Neural Nets, Stocks
I sold my position in EWZ yesterday after it rocketed over $80 yesterday and started a slow decline back down. This is counter to what my EWZ neural net model says but the Forex Trader suddenly emerged and screamed, “see profit, take it now!” I ended up with a 2.3R gain instead of 3R but I’m happy nonetheless.
The EWZ neural net model still remains long going into today’s open and with my luck EWZ will blow past $81 today! 
2 Responses
sherry
February 19th, 2008 at 9:16 pm
1I think my previous comment on the latest post got filtered for double posting, this just came up,
Due to budgetary constraints, the Economic Indicators service (http://www.economicindicators.gov) will be discontinued effective March 1, 2008.
It looks fishy to me.
Tom
February 21st, 2008 at 6:07 am
2sherry: Barry Ritholz thinks its the Fed’s way of hiding the growing debt problem. First they stopped publishing M3 data (money supply) and then the Fed started pumping money into the economy like crazy.
Now with this website gone, how can you find out basic information so that you can make/generate criticisms?
Sure is fishy to me too.
RSS feed for comments on this post
Leave a reply
previous post: Stock Signals
next post: Stock Signals
to top of page...