Hi FlyingSquirrel,
So you are getting ready for the season !
Tradingpro system seems to be back on track. Did you see yesterdays prediction !
Quite a good fiting during half of the day.
<img src="http://www.tradingpro.com/images/charts/20060901-NASDAQL.gif">
<img src="http://www.tradingpro.com/images/charts/20060901-RUSSELL2000L.gif">
With respect to the speed in recovering, I undestand that when the market changes its regime, like it did, is like if the market moved to a new "unknown vectorial space", where the model has less data to be able to predict. So we had to wait for the model, to populate with new data. Watching the charts improve their fitting, I'm sure we are there. We`ll see how the next week performs, but drawdowns where ok.
Take care.
So you are getting ready for the season !
Tradingpro system seems to be back on track. Did you see yesterdays prediction !
Quite a good fiting during half of the day.
<img src="http://www.tradingpro.com/images/charts/20060901-NASDAQL.gif">
<img src="http://www.tradingpro.com/images/charts/20060901-RUSSELL2000L.gif">
With respect to the speed in recovering, I undestand that when the market changes its regime, like it did, is like if the market moved to a new "unknown vectorial space", where the model has less data to be able to predict. So we had to wait for the model, to populate with new data. Watching the charts improve their fitting, I'm sure we are there. We`ll see how the next week performs, but drawdowns where ok.
Take care.
Quote from FlyingSquirrel:
A fellow skier, huh? Perhaps you recognize my screen name...
I thought the site said something about the predictor readjusting (?) every 5 minutes. Or maybe it was 15. Even with that, it can be "out of whack" for a month? Interesting. I would think it would get back to "knowing" the mkt a bit faster than that...
Looking forward to later posts....