ARTICLE SYNOPSIS ...Developing An Expert System To Forecast The Stock Market by Mike Flanagan, Ph.D. Nowadays, computers are often used to develop rule-based trading strategies. Frequently, these rules will be based on work provided by experts; such rule-based models are generally called expert systems. Here, Mike Flanagan takes you through the process of developing an expert system for generating medium- (three- to six-month) and long-term (six- to 12-month) forecasts of the US stock market. An expert system is a computer program that uses deductive logic to simulate the decision-making process of humans. The...