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RE: Symbol Changes



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At 12:19 PM 6/12/98 -0700, you wrote:
>May I ask what program are you using or how you accomplish this?

==> No, that's the problem... I do it manually hammer and chisel style... I
hoping someone will write and tell me a better way of doing this... as I
would like to increase the number of indexes and maximize the filters in
Metastock to filter the 10,000 symbols from the Telescan database each
night...

 I am using a program purchased from Equis called IRL which you furnish the
program with a list of stocks and select one of their programmed methods of
generating the index and each day you request this program to use your
metastock data files retrieve these files and generate the indices. So far
I have only use up to 30 or 40 stocks for one index. I have found that
stock splits and changes, symbol changes and weighting number changes occur
frequently and make this task a little more difficult than other programs
with more automation.
>
>However I value the results as helpful to finding  new emerging groups for
bullish moves. This helps to focus ones energy on only a portion of the
9000+ stocks which I download daily. Hope to hear from you as this approach
is fascinating. Perhaps we both and others not heard from yet can share and
benefit from group participation.


===> This is exactly what I want to do... How do you maintain the indexes
and keep them updated... Do you have the symbols organized in their
indexes... i.e. sp400, 500, 600... Does the software you have make changes
for you or does it notify you of the change and you manually fix the the
change... say ITT on the sp500 was bought by HOT, will it tell you ITT was
bought out and that it no longer appears in the sp500 then do you have to
then delete from the sp500... Also, did you manually type in all 9000+
symbols you track, or did you get them imported into Metastock somehow...
if so, how... Are you using Metastock 6.5...
 
>
>For further info on your questions I do not have answers but will share
with you that I use http:\\www.quotes.yahoo.com often to get quotes and via
that source you may also ask for news. After a quote given for example on
ITT click on "News" and frequently it gives the info on the symbol selected.


===> Yes, I'm aware of that site and I do often use it, but it will not
tell you if a symbol has been change or if it no longer exist...  Thank you
for your response...

>
>John Sellers
>Torrance, CA
>USA
>
>-----Original Message-----
>From:	Jim Kerwin [SMTP:anncora@xxxxxxxxxxxxxx]
>Sent:	Friday, June 12, 1998 10:16 AM
>To:	metastock@xxxxxxxxxxxxx
>Subject:	Symbol Changes
>
>I have not updated my SP500 index in a while, and it seems that the
>following stocks... CBB, CFL, FG, and ITT...  have changed stock symbols or
>were removed.  Could someone please tell me what happened to them and what
>their new symbol is.
>************************************************************
>Have a good day
>Jim kerwin
>Atlanta, Georgia
>************************************************************
>
>
**************************
Have a nice day
Jim kerwin
Atlanta, Georgia
**************************