IEEE apparently had the same idea you did: http://mlsp2008.conwiz.dk/index.php?id=43 I don't have particularly high hopes for the contest, but I encourage you and other ET modelers to submit entries.
Kevin, Considiering that you have to provide the full operational code (see below from their rules) for the system, I would agree. You'll get a nice range of academics but anyone who has invested significant effort into a propritary approach that enjoys significant returns in not likely to make it public domain for the bragging rights. That is why my suggestion is restricted to results only, with any disclosure of mehod optional. Jerry030 -------- from IEEE Submission: A successful submission consists of (1) a list of names of the researchers involved, (2) the name(s) of the host institutions of the researchers, (3) a 1-3 paragraph description of the approach used, and (4) Matlab code, myFunction.m, which should function correctly when called by the testing code (found above), should not read from or write to any drive, should not try to access the internet, it must finish running in a reasonable time (on the order of minutes), and must consist of only regular uncompiled Matlab code (P-code, mex files, and compiled code are, e.g., forbidden). -------
Did those guys account for stock splits in their data? I can see it now: "Oh no, my stock price just dropped in half! I gotta sell! I gotta short sell!!" LMAO
Magellan passage looks flat to me (see attached). Also note the wake has an abrupt jog. The tidal currents in the passage are really incredible. Must be a random thingy. I had to reduce this shot rom 1.34m to 40k to be able to attach it in ET. We had breezes from the west that ran 40 knots. The four passages I have sailed include Magellan, North Beagle, Drake and Antarctic; most have some ice in the Summer.
Warren Buffett and all value investors assume random underlying yet make a ton of money. At the opposite extreme, Jim Simons and all quants assume random underlying yet make a ton of money. Every market making firm assumes a random underlying and yet makes a ton of money. The bottom line, is that assuming a random underlying doesn't mean you cannot make a ton of money. All it means is that you have to be careful that you're not being fooled by randomness because sooner or later you will have to face reality after your 'edge' disappears.
Shhh...don't let them about your fantastic discovery that stocks split so we can have a real laugh. I'm sure nobody outside of ET has heard of it. Perhaps one of the brilliant traders here, like yourself, could get a consulting fee from IEEE to advise them that stocks split, delist, etc. Boy will they be surprised!!!! he-he-ha-ha-ho-ho
Jack, There you have it!!! The Earth is flat. Pictures (and graphs never lie) Do you want to call up NASA to let them know they can save all that rocket fuel needed to launch the Space Shuttle simply by finding the edge of the Earth and pushing it off into space? Jerry030
Did you look at the data? If there's something in there to account for stock splits, I apologize. If, as I suspect, there's not, you should.
I'm an EE and graduated in '55. I was a member and subsribed to the Proceedings for a while. Is this the first year that they have done this contest oriented thing? I know the membership is probably oriented to electronics and maybe programming using electronics. By not using good data and not relating to markets it seems that they are judging something like coding quality by using an output of the coding effort instead of criteria for using a type of code for an application. The scope of this common effort by members also looks like it prohibits a lot of the common functions of computers. I am curious as to why the people doing this did not seek information on the application they are proposing that members focus upon. I can see that there is going to be a meeting. Is there any connection to this contest and the topics that will be presented at the meeting? Are there any professional/amateur meetings that are held anywhere where people who have been to school in electronics/programming get together to exchange intellectual presentations on financial matters or investing/trading? TIA