Before revision:  Using the model, we design the prototypes of algorithmic strategies that utilize news flow, quantified and measured, as the only input to trade on market return forecasts over multiple horizons, from days to months.
After revision:  Then, using the model, we design the prototypes of algorithmic strategies that utilize news flow, quantified and measured, as the only input to trade on market return forecasts over multiple horizons, from days to months.