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Has anyone on the list had any experience with the "VantagePoint" system,
which supposedly does intermarket neural net computations to give signals
for a trend continuing or losing momentum ahead of a reversal, & gives
projected trading ranges for the day ahead? They have an interview of
Mendelsohn by Murphy, which I haven't seen yet, but suggests authentication.
And I was referred to an individual, that I spoke to, who claimed to have
made $75,000 in his 1st year of using the bond module, stating that he was
not being paid by the company to endorse it (and although he seemed candid
enough, I still felt a little skeptical). They offer a demo screen with a
password, so if it doesn't work right from this link, it may be due to some
password protected feature; but if anyone does take a look at it, I'd be
interested in the list's comments.
http://www.profittaker.com/VantagePointdemo.htm The price, ironically
enough given the Jurik satire, is $3,000 per module.
Daryl Roberts
-----Original Message-----
From: owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]On
Behalf Of Lionel Issen
Sent: Sunday, May 14, 2000 9:23 AM
To: metastock@xxxxxxxxxxxxx
Subject: Re: Neural Nets
Ross:
Mark Jurik is right on in his Snake Oil comments.
To paraphrase his remarks, "If you had a goose that laid golden eggs, would
you sell it?"
Lionel Issen
lissen@xxxxxxxxx
----- Original Message -----
From: Ross Kovacs <rossrk@xxxxxxxxxxxxxx>
To: Metastock List <metastock@xxxxxxxxxxxxx>
Cc: <jhuck@xxxxxxxxxxxxxxxxxxx>
Sent: Sunday, May 14, 2000 10:15 AM
Subject: Neural Nets
> Linda Bradford Raschke has the most appropriate comment on Neural Nets
that
> I have seen so far: The big institutions spent tons of money on Ph.D.s and
> in trading when Neural Nets were first introduced to trading. None of
them
> were successful. If you think you can be successful where they haven't
> been, by all means do it. Personally, I believe that Neural Nets will
> eventually be quite valuable in trading. But no one has found a way yet.
I
> seem to remember Mark Jurik having interesting comments on Neural Nets and
> their use in trading at his web site www.jurikres.com . But I can't find
it
> there now. Mark occasionally monitors this list. Mark... if my memory is
> correct, could you point some people to the appropriate place? I found
> Mark's section on Snake Oil to be especially accurate and amusing.
>
>
> Ross Kovacs
>
> rossrk@xxxxxxxxxxxxxx
>
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