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Re: Rocket Science



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.. no different than any other approach which uses too many rules and is
over fit to historical data
----- Original Message -----
From: "M. Simms" <prosys@xxxxxxxxxxxxxxxx>
To: "Marlowe Cassetti" <marlowec@xxxxxxx>; "Real Traders Host"
<newdomo@xxxxxxxxxxxx>
Cc: "Omega List" <omega-list@xxxxxxxxxx>
Sent: Wednesday, February 02, 2000 10:39 AM
Subject: RE: Rocket Science


> Yeah, but from everyone I talk to, neural nets have driven traders "neural
> nuts" with heavy losses....lousy executions......applying millions of
rules
> which are not significant.
>
> > -----Original Message-----
> > From: Marlowe Cassetti [mailto:marlowec@xxxxxxx]
> > Sent: Wednesday, February 02, 2000 12:03 AM
> > To: Real Traders Host
> > Cc: Omega List
> > Subject: Rocket Science
> >
> >
> > This is a heads up for "Rocket Science" addicts.  Next Tuesday, Feb 8,
the
> > PBS program Nova is broadcasting a program "Trillion Dollar Bet, What if
> > Math can beat the market?"  I believe the program will touch on chaos
> > theory, neural networks, fuzzy logic, etc. as applied to the markets.
All
> > you simple moving average simpletons (pun intended) better run for
cover.
> >
> > Consult http://www.pbs.org/ for more details.
> >
> >
>
>
>