Wednesday, October 30, 2013

How 'bout them bots!

The first version of my stock market bots went online nearly five months ago, and all versions since then have been bullish on the market every day so far.  In that time the S&P 500 index has risen from 1640 to 1775, resulting in a net gain of more than 8%.

I forgot to point out that about a month ago the "Internal Price Forces" number dropped from 5.9 to 4.9.  This change isn't enough to alter the timing of any impending "sell" signal, but if the number continues to crawl downwards, don't be surprised if the bots switch their investment stances.

As you might have figured out already, version 2 of the system isn't online yet.  I had big plans a couple of months ago, but my day job has gotten very busy recently, so the upgrade has been on hold.  Hopefully I'll have time over the holidays to make some progress.