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Strategies & Market Trends : TA-Quotes Plus

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To: Clark Wang who wrote (6419)9/8/1998 8:40:00 PM
From: Gary Lyben  Read Replies (4) of 11149
 
Clark etc,

We started getting the advances, declines, and volume numbers from a different source on Friday. There were a few that had scaling problems, but it looks like they're all good now.

As for the list of issues you named, I researched those, the quotes were bad for these issues because the open was lower that the close, or the close was higher that the high etc. It looks like Friday was a bad day for PC Quote. I checked a dozen previous files from PC Quote, and found from 0 to 4 of these kinds of problems, on Friday there were over a hundred. I had never seen that many bad prices them before. We compare the day's prices to another source the next day, and send the corrections then. Fiday's prices should be corrected tonight.

We have been working all day to get procedures in place to identify and correct these errors prior to cutting the price file at the end of the day. We couldn't get everything done today, but it looks like we'll have procedures in place by tomorrow that will catch and correct these errors prior to the 6 pm delivery. It may mean that we slip the time to 6:30 pm instead of 6PM in order to fix these errors.

As far as the Metastock update problem that you referred to, it has been corrected, and will be released in the next program update. We should be able to get it out tomorrow, if we don't run into any other problems.

Regards,

Gary Lyben
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