RE: [amibroker] Institutional Sponsorship

["Jayson" <jcasavant@xxxxxxxxxxx>]

<FONT face=Arial color=#0000ff 
size=2>Useless you say..... All your buy signals are in place (what ever your 
buy criteria). You like the look of the chart, nice and tight with few gaps, 
trending in the direction you desire. It fits into the price range you like and 
the volume has been good for sometime. A quick look at institutional sponsorship 
shows you that just 7% of the out standing shares are held by the major players. 
That type of information is useless to you? Not to me. Before I put actual 
dollars to work I would rather know that the big guys also have interest in the 
company. The big guys cannot dump 5 million or 10 million shares on a whim 
or a rumor but will instead move them out in a more systematic, orderly manner. 
With out them the stock  may have a tendency to act (more) irrationally. If 
your trading involves following accumulation/distribution then such figures are 
very useful indeed.....
 
Regards, 
Jayson 
<FONT face=Tahoma 
size=2>-----Original Message-----From: Dave Merrill 
[mailto:dmerrill@xxxxxxx]Sent: Monday, January 19, 2004 8:19 
AMTo: amibroker@xxxxxxxxxxxxxxxSubject: RE: [amibroker] 
Institutional Sponsorship
<SPAN 
class=286491113-19012004>Sigh. You may already be aware of this, but 
unfortunately most QP ExtraData is a single static number representing the 
present, with no history available. The only exception to this is QRS, as you 
can see from the AB User Guide, which indicates it returns an 
array.
<SPAN 
class=286491113-19012004> 
<SPAN 
class=286491113-19012004>IMO this makes QP fundamentals almost completely 
useless, because they can't be backtested against. I'm currently looking for 
another reliable provider with real fundamentals, but it's a low priority side 
project and I don't have much time to spend on it. I don't remember if CSI has 
fundamentals or not, but if they do, and the new plugin for accessing their data 
works out, that might well be the way to go; they certainly have other 
advantages.
<SPAN 
class=286491113-19012004> 
<SPAN 
class=286491113-19012004>Dave
<BLOCKQUOTE 
>
  Jayson,
   
  Thanks, That is what I was looking for....have 
  you done any testing with it....I have some ideas in mind...
   
  Anthony
  <BLOCKQUOTE 
  >
    <FONT face=Arial color=#0000ff 
    size=2>Anthony,
    In 
    QP the values are reported as a percentage and are available to AB via 
    getextradata("instholds")
     
    Regards, 
    Jayson <FONT face=Tahoma 
    size=2>
    Does anyone know if there is a way to track 
    Institutional Sponsorship of stocks.
     
    <FONT face=Arial 
size=2>AnthonySend BUG 
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