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Strategies & Market Trends : Pitbull Investing Strategies

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To: Joe Lamantia who wrote (222)8/17/1997 5:27:00 PM
From: Bruce A. Bowman   of 789
 
Don't know if it's too late to do you any good, but here's some user info on TC2000:
-the ad you saw was probably for the older version of TC2000 which is DOS based and which sells the data by the symbol and number of years. Daily updates to the data after you have downloaded the symbols is $20/mo. If you keep a lot of symbols in your database, it can get pretty expensive to build your database. The system will download updates, do basic charting and scans. No custom indicators
- Worden Bros. also has a CD-ROM based system (TC2000-Pro) which costs (I think) $200 (more?) and has no charges for individual histories because they are all on the CD. The service costs $1.95/day to update and that includes a new CD each quarter. The data manager is a Windows program (pretty crude) and the charting s/w is the same DOS program you get with the basic TC2000 DOS service. The basic difference bewteen the Pro and the non-Pro versions is that the Pro version has
- all the data history on a CD
- they provide some basic fundamental ranking info (which is not the same as IBD).
- automatic updates of symbol changes
- automatic split adjustments

They provide the information for the later two items for the basic DOS version in their daily report so that you can manually update the corrections. Both versions have automatic error correction.

Worden is a minimalist system. Not very long on flexibility for charting nor features in general. What they're selling that's of greatest value is stock data with very few errors. While the charting is limited, it does have a couple proprietary volume indicators that are pretty good: time segmented volume and balance of power (BOP). Plus it's a very fast way to visually scan thru your charts or to run simple technical scans of the data. Download for both services is via an 800-#. Both systems run in W95 environment either as a DOS window or a conventional window that calls a DOS window for charting.

If you call the 800-# in the ad they can give you more price-accurate info. Generally I'm happy with the data accuracy and I think it costs too much.

Have you looked at Quotes Plus or Primate? Both these are web-based historical data services. I don't have experience with either, but those that have think they're great.

Bruce
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