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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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