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Carroll,
Thanks, yes I know we need to get all of the ticks and data is a real
problem. I thought people were using the tick counts for something else.
Tom
PMB Inc
-----Original Message-----
From: Carroll Slemaker <cslemaker1@xxxxxxxx>
To: omega-list@xxxxxxxxxx <omega-list@xxxxxxxxxx>; trehberger@xxxxxxxxxx
<trehberger@xxxxxxxxxx>
Date: Saturday, September 12, 1998 9:55 PM
Subject: Re: omega-digest Digest V98 #484
>Tom R. wrote:
>
>> I was wondering what value the tick count has for anything.
>
>Tom, let me illustrate the answer by the following question: What is
>the value of subscribing to ANY "real-time" data?
>
>The answer, of course, is to get a close estimate of the current price -
>what you could buy or sell for. Although it does not give you a price
>wich is CERTAIN for the latter purpose, it should give an
>approximation. How close that approximation is to the real thing
>depends, at least in part, upon the accuracy, timeliness, and
>completeness of the data.
>
>How satisfied would you be, for example, if your "real-time" feed
>provided only one S&P futures price every two minutes? Well, DBC is not
>quite that bad, but it seems that it is now delivering only about half
>the price updates that actually are occurring. And often, one of the
>prices missed happens to be the high or low for the current intraday
>bar. This could have a significant impact upon an indicator or system.
>
>Carroll Slemaker
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