Hi Keith and JH, On my own computer in the last year, I attempted various ways to confuse Newport's clock and found no problem with the Y2K issue.
As Bob Norman mentioned, if one were to set the date ahead to the new year and not update the prices Newport's not going to let you enter a trade until you update the prices to at least that same week.
Something Bob didn't mention is that one can always enter trades historically. Let's assume that one of your GTC Sell orders fills while you are on vacation for two weeks. You get back from the holiday and update all the prices for the time while you were away, but miss the fact that a trade was made two weeks earlier. Six months go by (this is the way I run my office!) and you discover the trade ticket in the pile of unopened mail that's been annoying you.
All you need to do is bring up the appropriate summary page in Newport and the TRADE window. Tell Newport that you want to enter a Sell order. In the DATE field, enter the trade date from six months earlier, and enter the correct number of shares and the price.
Newport will go back in its history files and add the appropriate marker to the graphs, correct the number of shares still held, recalculate the Buy/Sell/Hold range, and generally tidy up everything but your desktop! You still have to do that!
But, as Bob said, if the prices in Newport are only updated through 12/19/99 and you try to record an order filled with a date of 01/05/2000, it's not going to let you. You'd get an invalid date message. Also, upon opening up Newport at that future date, you'd also get the usual "Update your prices" message.
Hope this helps to explain what was going on. I used to keep my AIM files LONGHAND on thirteen column paper, so I know I can always go back!!! It's just that I won't have time to type these cheery notes if I do!!!
Best regards, Tom |
