09
Jun
2008
I left work late on Friday because I got distracted running Monte Carlo simulations on our 401k accounts. I’m on a quest to refine my retirement plan of achieving Financial Critical Mass, something I heard about from Bob Brinker many years ago.
Financial Critical Mass is defined as the capital you need in your retirement [...]
06
Jun
2008
Posted by Tom as Excel
I haven’t posted price targets in a while but here’s a quick one for the S&P500 based on today’s close of 1360.
Upside Targets: 1446, 1544
Downside Targets: 1348, 1250, 1152
If you ask me, I think we’re going to see another leg down in the markets but what do I know?
01
Apr
2008
I was reading Christian’s blog yesterday when he gave the Euro a target of $1.76. Wow, that would be like Financial Armageddon for the USD! You don’t need a neural net to tell you that the trend for the Euro is UP and I’m waiting for a pullback to go long. My [...]
04
Mar
2008
Posted by Tom as 401K, Neural Nets, Trends
This is just a quick snapshot to see where the S&P500 is going. My long term S&P500 neural net model initiated a SELL signal on 2/28/08 (for 2/29 open) and maintains the short position for today’s open. I guess my Monte Carlo simulation, with its bias to the downside, is being proven correct. [...]
27
Feb
2008
YAHOO.Shortcuts.annotationSet=YAHOO.Shortcuts.annotationSet||{};YAHOO.Shortcuts.annotationSet['lw_1204110944_0']={”text”:”Monte Carlo”,”weight”:0.25,”type”:["shortcuts:/us/instance/place/destination","shortcuts:/us/instance/place/mc/town"],”category”:["PLACE"],”metaData”:{”geoArea”:”4″,”geoCountry”:”Monaco”,”geoIsoCountryCode”:”MC”,”geoLocation”:”(7.4269099, 43.738312)”,”geoName”:”Monte-Carlo”,”geoPlaceType”:”Town”,”geoState”:”Monte-Carlo”,”geoZip”:”98″}};After yesterday’s bad earnings news from Home Depot (HD), I decided to check out potential price targets for this retailer using my Monte Carlo Simulation.
First off, I used to be a shareholder of HD but sold it because it was going nowhere for a long time, but now it looks like a tempting [...]