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Non-Tech : IQ Chart: SI's Real-Time Technical Charting Software
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To: John Busby who wrote (3454)1/12/2003 7:59:26 PM
From: Henry J Costanzo   of 4093
 
John....no split at all...but a complete redo of the index, and selecting 5000 as a new starting value on the 9th. I assume that, as has been the case with readjustments of other indexes in the past, that comparable data for past dates would be calculated and made available......but I haven't seen anything confirming that that would indeed be done..........maybe that won't be done, in which event, off-hand. seems to me the best solution for IQC might just be to drop the back data altogether and just start a new series from 5000 - which would at least have useable technical indicators etc. from that point on.......All data services will be facing the same problem, so guess you would want to check out what others are doing before deciding on IQC approach.

Incidentally, noticed this in weekend Barron's..

<<The New York Stock Exchange Composite Index was reconfigured last week. More than 700 issues that are not common stocks, such as closed-end funds and preferred shares, were eliminated. The index was recalibrated at the starting level of 5000 as of Thursday, from around 485.>>

.............BTW.....What are you doing working on Sunday??
...................................Henry
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