V. 11:14 (592-594): Stock Prophet by Mark Waller

V. 11:14 (592-594): Stock Prophet by Mark Waller
Item# \V11\C14\PR592.PDF
$2.95
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Product Description

Stock Prophet by Mark Waller

FUTURE WAVE SOFTWARE

1330 S. Gertruda Ave.

Redondo Beach, CA 90277

Phone: 310 540-5373

Product: Technical analysis package and interface capability for preprocessing data for BrainMaker neural network.

Price: $995

System requirements: IBM-PC compatible, EGA/VGA; no CGA, no Hercules support. 256K video memory. At least 500K of free RAM memory; hard drive. Stock market data in CompuTrac or MetaStock data format. Dos version 3.3 or higher.

Optional: BrainMaker neural network software (highly recommended). Math coprocessor.

Commercial price data source and downloading software.

Printer: Epson FX, EX, LQ or HewlettPackard LaserJet compatible.

Neural networks fascinate me. Anyone who studies what they are and how they work is immediately struck by how they can be adapted to predicting stock patterns and market turns. I was convinced that neural networks could be a valuable tool for me, so I finally bought BrainMaker and settled in for the challenge of seeing my small portfolio grow as I maneuvered through the cycles of the market.

Months went by. I spent hours in front of the computer trying this and trying that. It wasn't that BrainMaker was a bad program, oh no; it had lived up to my expectations. No, my problem was what I had read in every article and advertisement dealing with neural networksÑ preprocessing the data. And preprocessing sounds so straightforward, but it hides hundreds of man-hours of number-crunching through numerous spreadsheets, all of which involves thousands of keystrokes and a mind-numbing number of steps that have to be just right for the neural network to be set up properly for BrainMaker to digest it. It can take several hours just to set up the training file and then several hours, in some cases, to train the network.

It was only then I asked myself, "Hm, should I have tried another technique?" By then, of course, the grass was two feet high and my house needed painting. I was through with neural networks! I knew that the choice of input data was the key to success, but the work involved in setting up the data, good or bad, was too much.




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