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Malcolm,
My impression is that Metastock is looking for two missing days in a row.
This is considered a weekend.
In the past I had a few problems. Some years ago Christmas was a Wednesday
and Thursday (the Dutch stock exchange is always closed on BOTH days). When
compressing your chart from daily to weekly, Metastock 5.11 had a problem to
determine the "real" weekend.
As far as I know I don't think US holidays are included in the program...
But I don't know if this has changed in the latest version?
Good luck,
Onno Goedknegt
At 21:28 27-8-98 +0100, you wrote:
>I was reading the manual for MetaStock 6.5 this morning about Holidays
>and Weekends and the following questions popped up in my head: how does
>MetaStock know about Holidays and Weekends?
>
>For example, I trade exclusively on the UK Exchange and I would be
>interested in seeing how the Holidays are calculated? Does MetaStock go
>through the data files and look for missing days, or are the Holidays
>around the world assumed to be the same as Uncle Sam's, or is there a
>file used which holds dates and formulas (for example to calculate
>Easter)?
>
>Similarly with weekends; how are weekends (i.e. non-Trading Days) known
>to MetaStock? Before one answers, that's easy, weekends are Saturday
>and Sundays, please consider that some markets close on Thursdays and
>trade on Saturdays. Once upon a time the UKSE used to trade on Saturday
>mornings. So, how is it done?
>
>As an aside, I would like to say well done to the manual writers -
>they've done a fine job.
>
>Malc
>
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