Ward Systems Group announced that a long-term NeuroShell customer has taken the trading software a step further from the usual market predictions to extracting economic predictions from sector data. For 2004 the customer correctly made 11 out of 12 economic, market and sector predictions. So far in 2005, his new predictions are accurate as well.

Shashi Mehrotra, the Chief Investment Officer and a Senior Vice President with the Legend Advisory, a small investment advisory firm based in Palm Beach Gardens, Florida, created a synthetic index drawn from different sectors as the basis for the economic forecasts. He modified eight to twelve standard technical indicators for each sector. He used a neural net prediction to predict a four month gain or loss for each sector. He’s been creating the sector models for two and a half years and has used those models to manage money for the Legend Group for one and a half years.

Mehrotra initially presented the results of his predictions at the National Advisors’ Conference in San Antonio in October 2004. At the meeting 9 of the predictions were judged correct at the time, but figures from the end of the year validated two additional predictions.

He previously built an asset allocation model using NeuroShell Trader. The Legend Group invests in equities in Europe, Large Cap, and Small Cap US stocks, as well as smaller amounts in emerging markets. Since 1999, the Legend Group has been getting asset allocation signals from NeuroShell to manage stock purchases for individuals.

In 2005, Technical Analysis of Stocks & Commodities magazine announced the NeuroShell Trader Professional was rated #1 for artificial intelligence trading software in the Readers' Choice Awards competition for the third year in a row.

For more information on the NeuroShell Trader, visit www.NeuroShell.com or call 301 662 7950.