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I have been using QP2 since it first came out in 6/98 and it has worked
well for me. They have an optional virtual program which allows Metastock
to transparently access their database via empty files (their "virtual"
folders). This way, you don't have to maintain 2 separate databases
and QP2 automatically maintains its own database. Their software
is well written. I do have some advice though:
Maintaining your database is your most important task. While
your download time is quick (2 minutes via 28.8K), your drive will be working
for a number of minutes afterwards. I always download immediately
after booting up. If you have been working on your computer on something
else, particularly using Java in your browser, reboot. You want your
computer to be as stable as possible during your database update.
You also might want to do a scandisk just before your download. If
you do get a crash during your update, you can simply use the QP2 update
database command. I have only crashed 3 times out of almost 100 downloads.
One thing about QP2 is that you may find errors in their database.
Because I use Metastock, it's easy to spot errors in the price charts.
Unfortunately, it's not so easy to find errors in the breadth charts.
If there are missing dates in the advances, decliners for stocks or volume,
Metastock will give you erroneous charts. The Arms Index is particularly
vulnerable. While you can probably confirm your Arms index for the
NYSE, I have yet to see McClellan Oscillator, Summation, or Arms data for
the Nasdaq. If anyone can tell me where I can find this data for
the Nasdaq on the web, please LMK. You may want to periodically open
your composite Advancers/Decliners for Stocks and volume in the Downloader
and verify that the number of records are equal. If they aren't,
dates are missing in the database.
If you do find errors in the QP2 database, you can email their data
dept at annette@xxxxxxxxxxxxxxx . They have always been quick
to correct their errors.
Daniel.
Bob Wiseman wrote:
Please let me know. I've been Telescam-ed too
often and am about to
switch. Thanx...Bob
UG wrote:
> Well, I just signed up, based on a few things I've heard on the list
> here. I'll let you know how it goes if anyone's interested.
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