3,448 karma · joined March 4, 2008
Market index is the best weighted average of the market/sectors/industries that matches daily price movement of the stock that we can find.
What do you use to filter out the news?
Netflix: http://arxiv.org/abs/cs/0610105 AOL: http://www.techcrunch.com/2006/08/07/aol-this-was-a-screw-up...
To amend the Internal Revenue Code of 1986 to provide earnings assistance and tax relief to software developers, information architects and dolphin trainers
For example how many of your friends (or friends of friends if your sample is too small) are dead in auto accidents is a lot better predictor for your fate than any global country statistics you can find.
First you have data sample that is relevant to people just like you. That means that you do not have to compensate for other factors as you're affected in the same way.
Second you do not have to trust other people for properly gathering, processing, and presenting the data.
What a great idea. I thought I lost the ability to be surprised by recent remedies proposed, this one still got me.