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Market Technologies Donates Money to the American Cancer Society's Relay for Life

Wesley Chapel, FL, March 29, 2005 - Louis B. Mendelsohn, President and CEO, announced that Market Technologies, the leading provider of intermarket analysis futures trading software, has donated money to the American Cancer Society's Relay for Life. Community members world wide come together to celebrate cancer survivorship and raise money for the research, educational, legislative, and patient support programs of the American Cancer Society. The American Cancer Society is a community-based voluntary organization which is dedicated to eliminating cancer. Thanks to Relay for Life participants, cancer patients and their families can count on the American Cancer Society to be there for them 24 hours a day, 7 days a week.  "Cancer is a life changing disease that immediately impacts the patient and their family. I believe it is very important to support our fellow community members who suffer from this illness and to contribute to efforts toward eradicating this disease", said Mr. Mendelsohn. "I am very proud to contribute to Relay for Life on behalf of all the employees of Market Technologies."

About Market Technologies
Headquartered in Tampa Bay since it was founded in 1979 by Mr. Mendelsohn, with software customers in over fifty countries worldwide, Market Technologies develops proprietary trend forecasting and market timing technologies that utilize intermarket analysis to forecast various financial and commodity markets, including interest rates, stock indexes, currencies, energies, metals, grains, meats, and softs, covering a total of 43 financial futures and commodities markets.

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* VantagePoint's accuracy statistics were computed on out-of-sample price data utilizing neural networks trained on both single market and intermarket data and relate to the Neural Index which indicates whether the average of tomorrow's typical price and the typical price of the day after tomorrow (both unknowns at this time) are expected to be higher or lower than the average of yesterday's typical price and the typical price of the day before yesterday.  The numerical value of the Neural Index, either a one (1) or a zero (0) thereby indicates whether or not the trend direction is expected to be higher or lower for each target market over the next two days. A Neural Network accuracy statistic of 80% does not mean that eight out of ten trades will be winning trades.  VantagePoint is not a trading system that gives the same specific buy and sell signals to all users. It is a technical forecasting tool that is comprised of proprietary forecasting indicators that apply neural networks to market data for the purpose of finding patterns and relationships between markets and then using this information to make futuristic forecasts. Using these indicators each trader determines his or her own entries, exits and stop placements which may vary from those of other traders due to differences among traders in trading style, objectives, risk propensity, account size and number of contracts involved, thereby producing different trading results from one trader to another. Futures and options trading involves risk, is not for every trader, and only risk capital should be used.  For more detailed information, please read our important disclaimer and software license agreement.

VantagePoint Intermarket Analysis Software, TraderTech, ProfitTaker, World Leader in Market Forecasting, and Market Technologies, LLC are trademarks of Market Technologies, LLC. Synergistic Market Analysis, Synergistic Analysis and Market Synergy are service marks of Market Technologies, LLC. Hurricaneomics is a registered trademark of Market Technologies, LLC

 

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