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The reason for initial development of portfolio trading type software
was the lack of this capability in AB. This lack of capability
extended as far and wide as AB even being unable to even keep one
from being more than 100% invested when trading multiple securities
simultaneously.
For those who trade single securities at a time these pieces of semi-
sophisticated software whether in the form of AFL or ABTool or other
outside devices such as SimTrade are of course useless, but for those
who either do or are wanting to investigate trading multiple
securities simultaneously utilizing some sort of scoring and ranking
methodology, I would think that they would be at the very least
somewaht helpful. If not then I suspect that of course development
would dry up, because what would be the point ? As far as I am aware
none of the offerings in this area were meant to generate revenue
from sales by the authors, they were meant as a public service to
those needing or desiring these capabilities within AB.
Best Regards,
Fred
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