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Mr. Feyder,
I did indeed call Realty Online. Obviously, if their products was terrible
they would not say so. They did tell me that all of their data does indeed
come from the exchanges and all corrections are automatic and are made on
the next download. They acknowleded that they are not perfect but feel
their product is better than others (naturally). I presently use Dow Jones
Data Retrieval Service. Again, I ask you, what are specifics that cause
you to feel their products is very unsatisfactory? Without seeming
impertinent, I cannot understand why a trader would risk money if he
believed his data was inaccurate. Are you an active trader?
I am discussing this to save me from perhaps making an error. Will you, Mr
Feyder, be specific? Does anyone else have any comments as to the quality
of Realty's product? HELP!!
Al Taglavore
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> From: L Feyder <LFEYDER@xxxxxxxxxxxxxxxx>
> To: metastock-list@xxxxxxxxxxxxx
> Subject: Reuters data 6 .to Al Taglavore ,David Radtke
> Date: Thursday, October 30, 1997 12:40 PM
>
> If you subscribing or planning to subscribe to Reuters (Reality Online )
> data why don’t
> you ask them about data quality and how long it takes to correct
REPORTED
> errors
> (in my case a few months is not enough) ?
> Why do I subscribe ? I don’t need a second downloader ..laziness...
> planning to switch ; I would appreciate suggestions .
> But , Reality Online (Reuters ) is ignoring my request to compare their
> data against Reuters terminal data ( which would be easy to do) .
> They deceive their subscribers KNOWINGLY .THEY CANNOT BLAME on SOMEBODY
> ELSE FOR SUPPLYING THEM with BAD DATA .And that would last for as long
> as subscribers are willing to tolerate fraud (discrepancy between
> advertisement and Something Online ) .
> I heard that others are not better , so why bother ?
> I hope that Federal Trade Commission would look into that , which might
> elevate the
> standards of entire industry . As soon as data vendors are required to
> provide meaningful
> statistics about their data (say compared against exchange data ), market
> forces will take care of the rest.
> Leon Feyder
>
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