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----- Original Message -----
From: hridens <hridens@xxxxxxxx>
To: <omega-list@xxxxxxxxxx>
Sent: Thursday, January 13, 2000 1:23 PM
Subject: BMI
> snip>
> BMI . apparently,doesnt check the clock that they
> use to send time down with data to the atomic clock at the Colorado
> Conservatory of Time or The Naval Time Clocks, both of which are
> available on the inet .There are inet programs that can be downloaded
> that surely could be used to SYNCHONIZE BMI clocks to the CORRECT
> time.As for the inet feed...good luck! Mine is so unstable as to render
> it worthless for trading.I will not even consider going to e signal
> .Just a pitiful observation from an old countryboy in the backwoods of
> Tennessee.
BMI sends the official exchange trade time along with each tick, which is
why my BMI chart will look like yours, even if my clock or theirs is
incorrect. Comparing the time that your 1 minute chart rolls over, to the
actual time on your pc (atomic adjusted) will give you the exact delay of
the feed. I always check the delay just before I trade. I've been caught
that way before, and it won't happen again!
I wrote to BMI and complained last Tuesday when my data was about 2 minutes
behind (having confirmed it with another trader who was on cable), and the
official response from BMI was that "Anyone who uses ANY broadcast quote
service,
including BMI, for daytrading is doing themselves a disservice."
Now you know.
Andrew
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