Below you will find pages that utilize the taxonomy term “Neural Net”
Yesterday my model flashed a signal but I couldn't discern right away if it was a solid BUY or SELL but its actually beginning to look like a very weak BUY signal.Â The S&P500 has hit a lot of resistance and support lately so its interesting to note that the markets can go either way here.
The best thing to do, in my opinion, is to wait to see which way she breaks and then get in on that side (long for up, short for down).
My Exxon Mobil neural net model went long on 3/24/08 and finally gave a SELL signal on 4/4/08. That move would've netted you over +3.5% (not incl fees and omissions). Subsequently, it gave another BUY signal on 4/7/08 and closed that position on the morning of 4/10/08 (SELL signal on 4/9/08) for a small gain.
Today its giving us another BUY signal to go long at the open today! I hope that my readers have downloaded the 14 day trail version of this software and are testing it out for themselves.
I wrote in my Stock Signal Reviews - Boeing and The S&P500 post yesterday that you can use Stock Neuromaster to create buy and sell signals for Futures data as well. If you can download your quote data into a CSV format (or at least transform it to CSV), then you can import that data into the program, build a neural net model, and generate buy and sell signals. The only downside is that you have update the model manually by downloading the next day’s, or week’s, data in CSV format.
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. I just wonder if my initial downside target of 1291 will be hit.