Techmambo is a weblog dedicated to profiling and reviewing new Online and Offline products, services and companies.In addition to this, we also profile existing companies that are working hard to make gadgets/services more usable for the rest of us. Techmambo is edited by Gerald Shuma.
Saturday, March 17, 2007
a new web 2.0 financial website that utilizes the computing power of its community of volunteers
GStock.com is a new web 2.0 financial website that utilizes the computing power of its community of volunteers to form a virtual supercomputer. The goal of this virtual supercomputer is to identify the most historically effective technical analysis strategies per stock Who said that web 2.0 is just information sharing and collaboration? Why not collaborate with your computer power to beat the stock market? Using architecture similar to NASA's seti@home, GStock.com can utilize unimaginable computing power using thousands of its volunteers processors.
This community of volunteered computer power forms a virtual supercomputer which sole purpose is to find the best performing strategy for any stock. It calculates over 1,000,000,000 (1 billion) investment strategies on a 10-year period timeline for EVERY stock with a trading history. At the moment GStock.com already covers nearly 6,000 US traded stocks, market-timing each stock with a BUY or a SELL signal according to the best found investment strategy.
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