TraderBot HELPS UNCOVER STOCK TRENDS IN REAL-TIMETraderBot Inc www.traderbot.com announces the launch of a new stock market analysis tool that dramatically improves an investor's ability to perform real-time analysis on real-time market data. TraderBot employs a unique Internet search engine technology, one specifically designed for financial markets, allowing investors to monitor and dissect the massive flow of real-time online investment information in new and powerful ways. The TraderBot search engine scans every trade on every stock in real-time to instantly find every stock that matches a user-defined set of criteria. The search engine technology allows fast, flexible and powerful searches. For example, a TraderBot user may set up a search to find all stocks that:
TraderBot can also look for strong stocks that are potential candidates for technical breakouts as they approach or exceed 52-week highs or 50-day moving averages, while also exhibiting an upward spike in volume, a gap up in price at the opening of trading, or both. Unlike other stock selection tools, the custom searches created by TraderBot users examine every single trade on every single stock. Many of the search techniques available on TraderBot are not available in any other tool. The patent-pending technology that has made this capability possible is a result of TraderBot's advanced design, and the recent emergence of high-end processing technology. "We designed TraderBot to be the first Web-based financial search engine because current tools don't give investors what they need to find real-time investment opportunities," says Tejpal Chadha, TraderBot co-founder and chief executive. "In today's fast-moving markets, investors need more than just realtime quotes - they need real-time analysis that can quickly identify those stocks that meet their investment criteria." Mr. Chadha previously worked at IBM Corp and Intel Corp where he was the principal architect for the Pentium and Itanium chips. Together with cofounder Ken Williams, who also has decades of experience designing leadingedge hardware and software solutions, the team's experience in engineering and software development provided the background for envisioning and designing TraderBot's core technology. TraderBot's proprietary mathematical algorithms have been granted patent-pending status. Rounding out TraderBot's management team are Ron Baakkonen, Vice President of Marketing, and Scott Gietler, Vice President of Business Development. Prior to joining TraderBot, Mr. Baakkonen was VP of application development at JP Morgan, while Mr. Gietler was global head of program trading development at Lehman Brothers. TraderBot is an entirely Internet based service designed for active individual investors and institutions. It requires neither special software nor dedicated data feeds, which can add to the expense of using market analysis technology. Users can access TraderBot conveniently whether at home, work or while traveling, wherever they have a computer with Internet access. TraderBot is a premium subscription service. Individual investors pay $39.95 per month for access. Free trials are also available for a limited time at www.traderbot.com. TraderBot is the Internet's only real-time financial search engine. TraderBot enables online investors to rapidly conduct customized searches of real-time quotes, news and historic and fundamental trends. Built around a powerful, patent-pending mathematical algorithm, 20 man-years in the making, TraderBot detects trading patterns and subtleties that no other tool can, and can do so when these trends and patterns are at their earliest stages of development. TraderBot is privately held, with venture capital investments from the Silicon Valley incubator Garage.com and individual "angel" investors including former executives and founders of technology companies, including E*TRADE Group Inc, eGain Communications and Andersen Consulting. Contact TraderBot, Ron Baakkonen 408-402-9897. |