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Chris,
I have been told that NextTrend has 18 months of intraday tick data on their
servers...so they could at least solve that problem.
18 months is more than I can maintain locally!
Dave Johnson
-----Original Message-----
From: Chris Baker <chrisbak@xxxxxxxxx>
To: Dave Johnson <dsj000@xxxxxxxxxxxxxx>
Cc: markbrown@xxxxxxxxxxxxx <markbrown@xxxxxxxxxxxxx>
Date: Thursday, September 09, 1999 2:32 PM
Subject: Re: So, where's the beef?
>Good thoughts Dave - I've included a few comments.
>
>----- Original Message -----
>From: Dave Johnson <dsj000@xxxxxxxxxxxxxx>
>To: Chris Baker <chrisbak@xxxxxxxxx>
>Sent: Thursday, September 09, 1999 1:52 PM
>Subject: Re: So, where's the beef?
>
>
>> I am a new member to this list, but an experienced (and chagrined)
>> Tradestation 4.0/2000i user.
>>
>> Regarding the business model, I believe that Omega is missing the boat.
>In
>> addition to the ridiculous number of flaws, bugs, omissions, incomplete
>> structures, etc. in Prosuite, there is a basic architecture question.
>>
>> We all spend WAY TOO MUCH time maintaining data. Losing an ISP
connection
>> intraday is devastating (for 2000i users such as myself) with no way to
>> recover. It normally takes me 15 to 45 minutes to get reconnected
>following
>> a computer freeze or ISP loss.
>
>Most of us use satellite or cable- I use BMI cable and very seldom have
>outages.
>
>>
>> Nights are spent updating portfolios, and trying to download data, again
>> with the poorly designed historybank.com. I would much rather be writing
>> code or evaluating trading systems and methods.
>>
>> I believe that a better topology would be a browser based system (like
>> q-charts) which allowed user programs (EasyLanguage) to run intraday,
>> real-time, at the server, with only viewing at the client. This would
>free
>> us of this data headache, and also allow us to shift (intraday) to
symbols
>> not already loaded in our portfolios. Assumably the server would be of
>> great computing power to serve all the users simultaneously.
>Mark Brown initially was working on this concept.
>
>>
>> It would free us of the need for massive local processing power (I am
>> considering dual Pentium with NT, just to solve the 2000i CPU crunch
>> problem).
>
>The problem with the remote databases is that they usually don't maintain
>enough historical data for back-testing. Therefore most of us accumulate
>the data we want for back-testing. Again Mark Brown was working on
>overcoming this problem of lack of data at remote sites.
>
>>
>> >From a customer service viewpoint, we would only be viewing, relieving
>OMEGA
>> (or the company that does this!) of the need to help maintain local
>> databases everywhere.
>>
>> This would not be so difficult for one of the high-end data providers to
>do
>> now--they only need the EasyLanguage interface. I have personally
>mentioned
>> the idea to both Quote.com personnel, and to the NextTrend CEO.
>>
>> Perhaps Omega could make a deal with one of those companies, as they
>clearly
>> don't have the talent to do it themselves. (God help us!)
>>
>> This is a problem which is most applicable to stocks, obviously.
>>
>> Anyway, just some thoughts. Comments???
>>
>> Dave Johnson
>>
>> -----Original Message-----
>> From: Chris Baker <chrisbak@xxxxxxxxx>
>> To: Omega List <omega-list@xxxxxxxxxx>
>> Date: Thursday, September 09, 1999 11:11 AM
>> Subject: Re: So, where's the beef?
>>
>>
>> >----- Original Message -----
>> >From: John Hayden <sente@xxxxxxxxxxxxxx>
>> >To: <ggautier@xxxxxxxxxxx>
>> >Cc: <omega-list@xxxxxxxxxx>
>> >Sent: Wednesday, September 08, 1999 4:33 PM
>> >Subject: Re: So, where's the beef?
>> >
>> >>Omega should remember what happened with
>> >> Compu-Trac.
>> >
>> >I agree - I'm wondering whether Omega will even be in business 5 years
>from
>> >now. Bill Cruz's illusion that Omega has worked hard on their 2000
>> product
>> >line is just one of the many problems Omega faces.
>> >
>> >The focus on a 30-day warranty period is another significant problem.
>> That
>> >is most companies warrant that their products work as documented, not
>that
>> >their products work for 30 days. This very short-term focus seems to
>> >prevail through-out the company.
>> >
>> >The lack of focus on quality of Omega's products and support is another
>> >significant problem, as is the failure to view their customers as
>partners
>> >as opposed to someone to be sold something. Overall I'm not sure Omega
>> has
>> >the management or the correct business model to be successful in the
>longer
>> >term. Therefore looking at other available trading products seems
very
>> >wise at this point.
>> >
>> >
>>
>
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