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I received the response below from Prophet in regards to why Prophet's INDU
cash prices differed from Bloomberg's data. Can you believe the BS answer
I got?! I can't believe these guys actually do business! Only God knows
what other data problems they have.
Regards,
Craig
---------------------- Forwarded by Craig Nelson/NY/SBCM on 12/16/97 12:37
PM ---------------------------
BetterData@xxxxxxx on 12/16/97 12:19:29 PM
To: Craig Nelson/NY/SBCM
cc:
Subject: Re: Cash Index
In a message dated 97-12-16 11:30:44 EST, you write:
> >>partial snip
> Also, I found major diffs between your
> data and Bloomberg's for *INDU, on the High, Low, and Open; the Close
was
> OK. Some diffs were as much as 20 points or so. Can I ask why this
would
> happen? Do you check your data against a second source to verify
accuracy?
The prices we get show the theoretical highs and lows for these indices;
Bloomberg probably gets the actuals highs and lows. So typically our ranges
will be greater.
>>small snip
- Tim
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