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Dear John and Eddie,
I would like to start posting real time neural net signals to the
realtraders group, for the next couple of weeks. These will be in the form
of Trendy Systems' nightly update to subscribers which goes out each
evening before 9:00PM EDT and will posted at about that time to this forum.
There will be no commercial solicitation beyond what is inherent in
identifying the proprietary nature of this information within the nightly
updates. An example of what I propose to post follows. If this is OK,
I'll start posting tonight. If this is not OK, let me know and I'll
refrain from any posts.
Allan P. Harris
Trendy Update published Tue evening, 10/28/97
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December S&P Futures Close: 924.50 up 50.6 / RA Mode: NotArmed
NeuralTrend (NT), our proprietary zero to one neural net: 1.00
NeuralTrendII (NTII), an experimental zero to one neural net: 1.00
October Summary:
DAYTRADE MODEL +92.8 S&P pts.
HYBRID MODEL +89.8 S&P pts.
S&P DayTrade Model Status: BUY for Wed
Current Trade Profit/Loss: (to be reported Wed evening)
1.5% INTRAday Protection STOP: Sell at 911.35
BrokerageSimulator Action: Buy 1 on the Open; Sell it back MOC
S&P and E-Mini Hybrid Model Status: BUY from flat
Current Trade Profit/Loss: (new trade)
1.5% INTRAday Protection STOP: Sell at 911.35
FullSP BrokerageSimulator Action: Buy 1 by 10p GLOBEX; going net Long 1
E-Mini BrokerageSimulator Action: Buy 2 by 10p GLOBEX; going net Long 2
Discussion: NeuralTrend came in at 1.00, so the two NT-driven models have
issued Buy signals.
Even after today's 50 s&p point assault, the 3-day Percent Change indicator
remains quite oversold at -2.8% (it was -10.5% last evening). It would
seem then that more upside potential may exist in the near-term. Overhead,
the 90-day SMA is 14 points above at 939, with the 50-day 22 points above at
947. Today's sharp intraday low EXACTLY touched the rising 250-day SMA. A
retest of Monday's weakness may be required over the coming weeks.
Comment: Our decision last evening to suspend NeuralTrend for one day seems
to have been vindicated, as NO end-of-day trading signal could have survived
today's frenetic 90 point range! Our corporate Short trade from Sunday was
Stopped out early in the day for a realized 60 point win.
Joseph Prewitt, Ph.D., Trendy Systems, LLC
http://www.TrendySystems.com
This Trendy Update document is distributed based on the condition that its
use signifies acknowledgement by the recipient that he has read, understands,
and accepts the warnings, terms and conditions set forth in the "Disclaimer"
text printed at the bottom of each page of the Trendy Systems LLC web site.
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