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Strategies & Market Trends : Windows on Wall Street

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To: Pierre who wrote (2167)10/12/2000 5:13:45 PM
From: 3_putt  Read Replies (1) of 2233
 
Pierre ? Yes, I am using the same combination as you are, WOW Day Trader Internet 7 and WOW.com. Until recently, I was using Quote.com LiveCharts as a backup to this setup, however they have been relentlessly unreliable and I finally cancelled my sub last week. WOW's data feed has had some hiccups, yes, but (continuing the metaphor) Quote.com has had full-fledged flaming malaria for at least a year. I finally got totally fed up with them.

Anyway, regarding your question, "how do you know what new issues to add and how do you find and delete all dead issues?"

I only follow the NASDAQ.

I use the following link to identify the NASDAQ changes and make the changes thru Daytraders's utilities (only takes a few moments to do). You have to deal with deletions (easy), name changes (easy), symbol changes (access the old symbol first to bring the data up to date and then change the symbol name to the new one for tomorrow's update). The hardest part is the additions. I don't deal with that on a daily basis. My indicators don't kick in with any meaningful information until at least 3 or 4 months of data exists for that symbol, so I usually put in new stocks twice a year and I don't try to put them all in. I use online stock screeners to identify those that have some volume because there are so many that trade fewer than 100,000 shares per day on average.

nasdaqtrader.com

As far as splits are concerned, as you probably already know, you just have to pull up a chart and on the Edit menu, click "Reload from server" and WOW automatically does the split for you. You just have to know which stocks have just split. Here's a link I use for that:

moneycentral.msn.com

I have this board marked in my SubjectMarks so I know right away if there is any activity here, so let me know if you need any clarification on what I have said above.

3Putt...out
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