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Who knows? A check against WSJ or IBD might determine which you would rely
on, the one that agrees most often with them. But it depends on the
magnitude of the errors. Does it matter that much? What if the new highs 301
or 298, will this throw anything off?
While the NH/NL and ADV/DEC are interesting numbers, I have never seen
enough correlation to use them in a exit/entry mode.
Richard Estes
-----Original Message-----
From: Dyke Holtman <dykeholtman@xxxxxxxxxxxxxx>
To: metastock-list@xxxxxxxxxxxxx <metastock-list@xxxxxxxxxxxxx>
Cc: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>
Date: Monday, April 06, 1998 2:55 PM
Subject: Re: Exasperated!
>Dan;
>
>I have had the same question for quite a while, but never put it into
works.
>This is an excellent question. One that I hope someone can answer.
>
>DW Holtman
>
>DPoiree wrote:
>
>> I'm exasperated!
>>
>> In my quest for ACCURATE end of day data for NYSE advancing issues,
declining
>> issues, new highs new lows, S&P 500, and the Dow, I now subscribe to
three
>> data vendors,(Traders Access, Dial Data, Quotes Plus), and I check the
NYSE
>> web site for data.
>>
>> Imagine this, none of the four seem to agree on the numbers, (at least
not
>> the adv, dec, NH, NL)!
>>
>> I'll spare you all the needless details. My questions are:
>>
>> 1) How does one get accurate data?
>>
>> 2) How does one know that the data is correct?
>>
>> 3) Can anyone explain why there are so many "opinions" of what the
numbers
>> are?
>> How do the data vendors come up with these bogus numbers that are
supposed to
>> be "the most accurate in the industry"? Random number generators? If they
are
>> all supposed to report the same number, why aren't they the same? How
does it
>> get messed up?
>>
>> Thanks for any insight.
>>
>> Dan Poiree
>> Bellingham WA
>
>
>
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