Predicting the stock market

[Zythryn]

Alexander, I concur with you with one small alterations.

The concept of Barter and Ownership allow for the concepts of greed. Money is a little too specific.

And as InfiniteNow so kindly brought up, the only society I have seen that could get along without it, was ST:TNG (I'm proud of you Infinite even if you did bring up the show in such a public setting... TWICE;)).

[alexander]

oh by all means, barter has its issues as well, as long as there is human factor in a system, there will always be a human trying to exploit it!

 

Besides the way things are going, ownership no longer actually means ownership in some cases; like you think that you own a house, but in reality your house is located on the state land, you are being allowed to use this land by the state, and if the state actually wants, they can take away the privilage of you having land and the house you owned becomes their property. The question now is, did you really own that house?

 

It's total BS, as the economy grows beyond the country, and becomes global, so do governments, they become a global governing body that becomes more and more autocratic.... :D

 

As you can see, i can totally rant for hours on this topic, and hence why politics is on my "do not discuss" list, together with "religion". You guys should get back to the topic....

[Zythryn]

As you can see, i can totally rant for hours on this topic, and hence why politics is on my "do not discuss" list, together with "religion". You guys should get back to the topic....

 

Hehe, point taken;)

[skuzie]

Interesting article:

 

Artificial intelligence applied heavily to picking stocks - Business - International Herald Tribune

 

Studies estimate that a third of all stock trades in the United States were driven by automatic algorithms last year, contributing to an explosion in stock market activity. Between 1995 and 2005, the average daily volume of shares traded on the New York Stock Exchange increased to 1.6 billion from 346 million.

 

Aint that interesting.

 

I would ask Skuzie a quite different question: If it really works, why are they selling it, instead of closely guarding their valuable secrets?

 

Just to clerify i would never spend money to 'buy' a product that would do this sort of thing. Instead i would create it myself .. after all i might as well use my BMath for good use :hyper: .. anyways some time has passed and i have been looking into calculating correlations and found the best are of course the widely used technical MACD, Stochastic, and the Williams indicators. On average i get around -0.10 to -0.15 correlation coefficient (the lower it is the better) for next 2-3 day movement on a selected good fundamental stocks.

 

Next step is to calculate proper entry/exit points and if to use stop/limits/trailing-stop limits and at what amounts. :)

[Turtle]

Interesting article:

 

Artificial intelligence applied heavily to picking stocks - Business - International Herald Tribune

Studies estimate that a third of all stock trades in the United States were driven by automatic algorithms last year, contributing to an explosion in stock market activity. Between 1995 and 2005, the average daily volume of shares traded on the New York Stock Exchange increased to 1.6 billion from 346 million.

 

Aint that interesting.

I would ask Skuzie a quite different question: If it really works, why are they selling it, instead of closely guarding their valuable secrets?

 

Just to clerify i would never spend money to 'buy' a product that would do this sort of thing. Instead i would create it myself .. after all i might as well use my BMath for good use :eek: .. anyways some time has passed and i have been looking into calculating correlations and found the best are of course the widely used technical MACD, Stochastic, and the Williams indicators. On average i get around -0.10 to -0.15 correlation coefficient (the lower it is the better) for next 2-3 day movement on a selected good fundamental stocks.

 

Next step is to calculate proper entry/exit points and if to use stop/limits/trailing-stop limits and at what amounts.

 

Good golly Miss Molly, spank my bottom & call me Holly, who could've predicted the mess we're in now? :eek2: :hyper:

 

Fear not! Something new on the horizon... :hyper:

 

New research helps predict stock market

-- Researchers from Massey University have developed a new way to predict stock markets that has been recognised with an award from New Zealand finance specialists.

 

Professor Ben Jacobsen, Associate Professor Ben Marshall and Dr Nuttawat Visaltanachoti have found that analysing data on a daily basis or other shorter intervals - rather than monthly - offers a much higher success rate of stock market predictions. Traditionally, institutional investors, such as hedge funds or mutual and pension funds, try to predict stock markets one month ahead relying on information also measured at monthly levels.

The academic researchers have moved away from that convention with what they have described as “amazing results”. The research was awarded best investments paper by the Institute of Financial Professionals at the New Zealand Finance Colloquium this month.

The team studied how changes in prices of energy, such as oil, and industrial metals, such as aluminium and zinc, strongly influence world stock markets. ...

 

It is never too often to mention what the fellas that got chaos theory rollin' have been up to for some years now. :) >> Cracking Wall Street