|
PureBytes Links
Trading Reference Links
|
<x-html><!DOCTYPE HTML PUBLIC "-//W3C//DTD W3 HTML//EN">
<HTML>
<HEAD>
<META content="text/html; charset=iso-8859-1" http-equiv=Content-Type>
<META content='"MSHTML 4.72.3510.1400"' name=GENERATOR>
</HEAD>
<BODY>
<DIV><SPAN class=40560306-07111998><FONT color=#0000ff face=Arial
size=2>Daniel,</FONT></SPAN></DIV>
<DIV><SPAN class=40560306-07111998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=40560306-07111998><FONT color=#0000ff face=Arial size=2>In the
so called "theoretical data", which I personally find a bunch of
useless horse manure unless someone else proves me wrong, the only portion that
is "true" is the Close. Otherwise the Open High, and Low are
calculated by magicians and have no bearing whatsoever with reality.
You can calculate data based on the close, but your trendIines have no bearing
with reality. I hope Gary Lyben reads this post and relieves us from this very
serious pain in the behind very, very soon.</FONT></SPAN></DIV>
<DIV><SPAN class=40560306-07111998><FONT color=#0000ff face=Arial
size=2></FONT></SPAN> </DIV>
<DIV><SPAN class=40560306-07111998><FONT color=#0000ff face=Arial
size=2>Bijan</FONT></SPAN></DIV>
<BLOCKQUOTE>
<DIV class=OutlookMessageHeader><FONT face="Times New Roman"
size=2>-----Original Message-----<BR><B>From:</B>
owner-metastock@xxxxxxxxxxxxx [mailto:owner-metastock@xxxxxxxxxxxxx]<B>On
Behalf Of</B> Daniel Martinez<BR><B>Sent:</B> Friday, November 06, 1998
19:46<BR><B>To:</B> metastock@xxxxxxxxxxxxx; Sean W. Smith<BR><B>Cc:</B>
Quotes-Plus<BR><B>Subject:</B> Re: Yahoo MetaStock Converted Index
Data<BR><BR></FONT></DIV>Sean, <BR>I copied OHLC data from Dow Jones from
10/29/98 to 11/4/98 from my QP2 and Yahoo data. I also went to the
MetaStock for Java v2.0 web page: <A
href="http://www.equis.com/java/";>http://www.equis.com/java/</A> and wrote
in the figures. All of the Equis open and close figures match
QP2. Unfortunately, 8 of 10 of the high low data don't match.
Out of the 20 data points, 5 of Yahoo's don't match QP2. <B><FONT
color=#ff0000>ALL of the closing data points match.</FONT></B> You can
still use most of the TA indicators, except maybe stochastics. Even
then, I don't know how much your results would change, if at all.
<P>Obviously, someone's making errors. I think if you copied data from
10 different vendors, you'd get 10 results. <IMG align=absBottom
height=16 src="cid:40560306@xxxxxxxxxxxxx"; width=16> If the data
vendors are making errors on the Dow, I can only wonder what kind of errors
are in the other stocks/indexes. I don't know what to say, except that
I hope QP2's data is the most accurate. LOL
<P>Anyway, I'm going to continue as though QP2 sends reasonably accurate
data (which they seem to). My main goal is write and test systems for
trading, which is what I'm doing. All I want to do is concentrate
on trading and become a multi-millionaire and that's fine with me (now
where did I leave that Malibu mansion?). <IMG align=absBottom height=16
src="cid:40560306@xxxxxxxxxxxxx"; width=16>
<P><B><FONT color=#ff0000>Just one thing, I would like for Equis to fix
their MetaStock v6.5 system tester and stop making excuses. I would
like for them to base their stops on high/low data, not closing
figures. Right now, stops on large moving days are basically the same
as the closing signal in the system. <FONT size=+1>OK
EQUIS?!</FONT></FONT></B> <FONT color=#ff0000>(don't make me go up
there)</FONT>
<P>Daniel. <BR> <BR><TT>Date
Open High
Low Close Volume</TT> <BR><TT>QP2
!DJ30</TT> <BR><TT>10/29/98 8,371.22 8,539.83 8,305.54 8,495.03
61,417,400</TT> <BR><TT>10/30/98 8,498.12 8,718.25 8,481.39 8,592.10
70,950,304</TT> <BR><TT>11/02/98 8,595.70 8,804.51 8,573.56 8,706.15
80,842,304</TT> <BR><TT>11/03/98 8,706.67 8,819.18 8,601.88 8,706.15
75,341,504</TT> <BR><TT>11/04/98 8,708.47 8,854.45 8,708.47 8,783.14
83,229,000</TT>
<P><TT>Equis-Java</TT> <BR><TT>10/29/98 8,371.22 8,496.32 8,352.40
8,495.03</TT> <BR><TT>10/30/98 8,498.12 8,659.81 8,498.12 8,592.10</TT>
<BR><TT>11/02/98 8,595.70 8,742.97 8,595.70 8,706.15</TT> <BR><TT>11/03/98
8,706.67 8,744.52 8,677.58 8,706.15</TT> <BR><TT>11/04/98 8,708.47 8,854.45
8,708.47 8,783.14</TT>
<P><TT>Yahoo ^DJI</TT> <BR><TT>10/29/98 8,371.22 8,539.83 8,305.54 8,495.03
6,994,000</TT> <BR><TT>10/30/98 8,591.58 8,718.25 8,481.39 8,592.10
7,850,000</TT> <BR><TT>11/02/98 8,645.65 8,804.51 8,573.56 8,706.15
7,538,000</TT> <BR><TT>11/03/98 8,708.99 8,819.18 8,601.88 8,706.15
7,043,000</TT> <BR><TT>11/04/98 8,801.93 8,933.49 8,660.33 8,783.14
8,611,000</TT>
<P> <BR>Sean W. Smith wrote:
<BLOCKQUOTE TYPE = CITE>Dan, <BR>FYI..... <BR>do you understand that
TC2000 and QP2 use theoretical index data so open, <BR>high and close
will not match yahoo. close should. Its definitely annoying
<BR>and I wish they reported the real index data... Its on gary's
list. maybe <BR>it will be addressed soon...
<BR>Sean</BLOCKQUOTE></BLOCKQUOTE></BODY></HTML>
</x-html>
Attachment Converted: "c:\eudora\attach\Ctempnsmail1B1.gif"
Attachment Converted: "c:\eudora\attach\CtempnsmailE31.gif"
|