Feel free to use all the pages of our new(Aug 07) website. They can provide you
with daily High/low predictions at the Open for 75 most active stocks
(can be expanded), and 33 futures (nearby high volume contract).
We not only provide predicted high and low, we also provide price levels that will be hit 80% of the time and, 67 % of the time (further away from the open than the 80% levels).
We have developed a prediction model that is more accurate than the
Pivot Point method.
Our prediction accuracy page describes how, in our model development, we avoid "overfitting" problems which can produce poor performance in the future even though history was fitted very well.
Our mathematical model, being used for 1 day ahead forecasts, seems to be extendable further into the future. We'll be working on that. There's also an interesting, objective way to look at "Trends" that will be published.
We have separate pages for stock predictions and futures predictions.
There is also a page on the accuracy of our predictions compared to those of
the pivot-point method.
Another page describes the pivot point method, which is apparently "decades old", and a list of references.
As in the pivot point method, we publish 2 sets of predictions:
"Level 1" and "Level 2". The Level 1 predictions are the first to
come into play.
On unusual days in which a Level 1 prediction is exceeded, the Level 2 prediction then applies. Unlike the pivot point method, we publish the trigger points at which Level 2 predictions would become effective.
Stay tuned - there's more to come.
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DISCLAIMER: We are a market news service, not an advisory service. Nothing on this site should be taken as trading advice - either expressed or implied. We provide probabilities of price movement, much in the same way that your local weather service indicates the probability of rain. They don't advise you on whether or not you should go on the boating trip you were planning, they merely indicate probable rain and wind conditions and your action is your decision, not theirs.
Copyright © 2007 Mike Poulos - All Rights Reserved