Has anyone seen/heard of this site http://eminiforecaster.com?a_aid=a7711a40
They claim to have developed an algorythm to accurately predict market movement and pivot points.
They show previous results.
Does anyone know anything about them? I googled quickly for reviews and found zilch.
The claims make me wary. If they are bandits it may be worth telling traders to steer clear. If not, we're rich beyond our wildest dreams.
Predicting Pivots and price!!!
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- pineapples
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Predicting Pivots and price!!!
Last edited by pineapples on Thu Jul 19, 2007 1:35 pm, edited 2 times in total.
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- Patch
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Pineapples
The site looks interesting. If no one has any thing to say to the contrary, why don't you try the two week trial and let us know how it comes out along with screen shots.
Patch
In VA
The site looks interesting. If no one has any thing to say to the contrary, why don't you try the two week trial and let us know how it comes out along with screen shots.
Patch
In VA
ENOUGH being a Yalie for me Back to the Sea. "What i can lose, i can win" "YES YOU CAN" - dragon33 -"Pick one method and one pair and stick with them until you master it. "The choice is yours - success or failure." TRO
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- pineapples
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Hmmm, these forecasts look a lot like Wave59's forecasts based on planetary cycles (look at the Forecaster writeup at the bottom of this Wave59 page):
http://www.wave59.com/astrology.asp
Most traders scoff at the idea of planetary cycles affecting market movement so if eminiforecaster.com is basing their forecasts on astrology, they are wise not to mention exactly what cycles they are using for their calculations. I actually have no idea what eminiforecaster.com is doing for their cycle based forecasts; the forecast pictures on their website just reminded me of Wave59.
I agree with pineapples, these sorts of cycle forecasts are not accurate enough for me to trade.
Regards,
David
http://www.wave59.com/astrology.asp
Most traders scoff at the idea of planetary cycles affecting market movement so if eminiforecaster.com is basing their forecasts on astrology, they are wise not to mention exactly what cycles they are using for their calculations. I actually have no idea what eminiforecaster.com is doing for their cycle based forecasts; the forecast pictures on their website just reminded me of Wave59.
I agree with pineapples, these sorts of cycle forecasts are not accurate enough for me to trade.
Regards,
David
- pineapples
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Been meaning to do this for a while...here is my prediction of the following weeks S&P500 price movements. I have put pivot points on there too. I'm going to compare my results with eminiforecaster at the end of the week. (btw I still have not subscribed to their website):
If the image is not too clear, my prediction line starts at 1304 and ends at 1327.
I will post the overlay once the data fills in by the end of the week.
If the image is not too clear, my prediction line starts at 1304 and ends at 1327.
I will post the overlay once the data fills in by the end of the week.
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