Replies to post #114 on Advanced Automatic Investor

[Conrad]

Hi Mark,

I think that we not only travel on the same boat, we even agree that we are going to the same place! We also think that the food is terrific and that the drinks are cool. Other than that you are sitting in the front and I am at the rear deck. So, you will get there before I will!



Conrad

PS: I am not sure what place it is I am going to! I thought it was Fantasy Island. I may be on the wrong boat.

[irwin]

Mark it was my understanding that curve fitting was akin to looking at a indicators signals and saying they would be better if we changed the indicators length from say 30 days to 14 days so we assume that since 14 days gives us better signals then that should be what we use going foward.
Where a signal based on a theory like stocks go up when interest rates go down or three steps and a stumble were not curve fitted.
Observed methods lead to curve fitting where methods based on economic theory should not.
Irwin