MarketTrak Question/Comment Message


Posted By: Cameron   Date: Tue Mar 15, 2011

Title: 2nd day results

Message:
  I think that having a second day is great but I am loosing faith in it because it is less accurate this way. Too much can happen in 2 days.

Response:
  These are unprecedented times. Since the model is based on previous market behavior, we would expect that the forecast accuracy rate is lower today. I do believe that the markets will return to normal but probably not overnight.

 If you feel more comfortable using the latest ANO for the next trading day, I see no problem with this. David's analysis given in the preceding post shows good results using the ANO in this manner.

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