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 [...]
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. [...]
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 buy. [...]
I mentioned to my members in this past week’s Market Timing Report that I would run a Monte Carlo simulation on the S&P500 to see what are the potential upside and downside targets for the S&P500.
The Monte Carlo sim confirmed my suspcisions that the the 1310 to 1340 level was indeed an interim support area [...]
