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Brian,
I agree with everything you've said, with one possible exception - as
I see it, the presence or absence of HL precedence information is
appropriately designated a "quality" item, since basic "path of the
market" info is either present (in theory), or not. Not having that
information is a data quality fault, or rather a data format design
fault. That's basically what Herman said (OHLC is obsolete) and I
started writing in agreement with him, only I wrote a bit more than I
set out to!
Thanks for your comments.
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