Re: neural nets

Posted by Ben-163 on Jan 20, 2002; 3:32am
URL: http://quantlib.414.s1.nabble.com/neural-nets-tp1844p1849.html


I read something about capturing stock price movements.  This was
partially based on past movements, but could also factor in various news
events etc.

I think the idea is more that the neural network looks for long term
trends which might not be apparent.  Personally I think the only reason
technical analysis works anyway is because of the psychological effects -

for instance when a major resistance level is broken through- even if we
are spotting trends which most people havent found, then the herding
effect isnt likeley to be there.  That limits their use straight away IMHO.



Regards
Ben

--------------------
www.benwootton.co.uk
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On Sun, 20 Jan 2002, Ferdinando Ametrano wrote:

> Ben Wooton wrote:
> >Id like to try and capture bond price movements or something like that,
> >but I cant see how we can predict things like this based on past movements...
> As far as I'm concerned I can't see how, but I would be happy if someone
> can and is willing to share ... ;-)
>
> I've always smiled at neural nets, but would stop if proven wrong
>
> ciao -- Nando
>
>

--
Ben Wootton
[hidden email]