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Re: Last price, closing price and settlement price



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>Any system that uses Buy on Close is flawed anyway.  The results are not
reproducible in real time.  PERIOD !!!  So all of this is a mute point.


I think you need to make that clearer!  I buy/sell on close of hourly
bars..sometimes those closes are the close of the session.  When they are I
go into the after market and place the trade (a crap shoot some times I do
better sometimes I dont) or I estimate that I will get a signal on the close
and I do ahead of time.  This has gotten me in trouble thought as I
expressed.  I believe you were trying to warn about daily data, eod stuff...

Mark Brown  TradeLab for the Serious Trader http://www.sciapp.com
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BTW, you might want to ask yourself how far the fraud goes. Can you tell
me how Tradestation\DTN wins the award from TASC for best institutional
trading software when it wasn't even available at the time of the survey?
You couldn't even buy\lease it from DTN. I tried! Advertising revenue can
work wonders! Charles Kaucher to John Sweeney     circa 1997 - 199?
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