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RE: NeoTicker (was Re: EL to VB translator)



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Yes, you mentioned third party supplier, so even if we obviously uses
different data and in a different way, we are close to agreeing on a lot. In
the same way, I said that depending on your needs, TS Pro will be good for
some and less good for some.

To your need, they added a lot of data maintenance which is positive. For my
need, they removed third party data and workspace assistance on that, which
is essential for my usage. So for some TS Pro is an improvement, for some
useless.

My grief is not with TS Pro if that was just another product line. My grief
is that TS Pro is instead of another line, TS2000, which I fear is no longer
enhanced even though when I bought it it was boosted as the future. This is
unfortunately quite typical for Omega.

> -----Original Message-----
> From: Gary Yakhnes [mailto:gary@xxxxxxxxx] 
> Sent: den 2 september 2001 22:37
> To: Bengtsson, Mats; omega-list@xxxxxxxxxx
> Subject: Re: NeoTicker (was Re: EL to VB translator)
> 
> 
> I agree with most of what you said.
> 
> But if you look at what i stated in my original message - Pro 
> is missing some functionality and major missing part is 
> third-party data support. As soon as they add this part there 
> are no other big limitation which would prevent you from 
> using newer and better version of TS2K - TS Pro. Everything 
> you described you need should be available for you with 
> third-party data support option in TS Pro (expect workspace 
> assistance, but who knows, they could add it too).
> 
> The only reason for my message was to share my opinion that 
> PRO is not as bad as many thinks who never tried it and who 
> have some misconception of what pro can do.
> 
> Thanks,
> gary
> 
> ps: the history for futures data much longer than 2 months 
> back. ~2 months ago is when they added futures data. it is 
> hard to argue about something that you can not check first.
> 
> "Bengtsson, Mats" wrote:
> 
> > For some, data not in a chart might be as you say "the only 
> data you 
> > do not have", for some that might be tremendous amounts of 
> data. Those 
> > using workspace assistant to backtest on stocks for 
> example, wanting 
> > several thousands of data points for thousands of stocks 
> will likely 
> > say it takes some time to get those data over a line. For these, TS 
> > Pro is not for them.
> >
> > Futures, well I do not know futures, those who can make it 
> with only a 
> > few months, then it works for them, for the others, TS Pro 
> is not for 
> > them
> >
> > There is no clean data, we have seen a number of mails on 
> this, data 
> > with wrong points, data split incorrectly, ... As long as 
> the data is 
> > not essential for you, it is ok, but when it is, it is better to be 
> > able to fix it yourself.
> >
> > On only way to be sure a new version works, I agree, you 
> have to test 
> > it. And that can be done in TS4 or TS2K by testring. In TS Pro you 
> > always risk that you get it even if you do not want it.
> >
> > Well, I see no problem discussing TS Pro for my own use without 
> > actually testing it. It does not have the stocks I am 
> trading, since 
> > it does not deliver for my stock market. It does not allow me to 
> > backtest unless I chart all of them. Why should I test if I like a 
> > program without data that does not let me backtest the data 
> I have in 
> > TS2K? The needs are different, with what I lined up below, 
> and above, 
> > there is no need to try the program since it is so clear 
> you can not 
> > do what you need to do.
> >
> > With system writer, I would not have been certain without a 
> test. With 
> > TS4 I would not have been certain without a test. Without 
> TS2K I would 
> > not have been certain without a test. With TS Pro, it is so 
> different 
> > and so limiting if you do not fit the main stream, so if 
> you are not 
> > in the main stream, you do not need to test it to say is is useless 
> > for you.
> >
> > > -----Original Message-----
> > > From: Gary Yakhnes [mailto:gary@xxxxxxxxx]
> > > Sent: den 2 september 2001 19:38
> > > To: Bengtsson, Mats; omega-list@xxxxxxxxxx
> > > Subject: Re: NeoTicker (was Re: EL to VB translator)
> > >
> > >
> > > >From: "Bengtsson, Mats" <mats.bengtsson@xxxxxxxx>
> > > >The quality might be the same if you define it by 
> stability, since 
> > > >Omega has not tried to make TS2K very stable yet. Depending what 
> > > >you want to do, it might differ a lot though. Let us try for 
> > > >example: Backtesting on large sets of data (speed means 
> data has to
> > > be on your hard
> > > >drive).
> > >
> > > The only data which you don't have on your hard drive is the data 
> > > for the symbols you did not create a chart for. As soon as you 
> > > create a chart for a symbol you have the data for this symbol on 
> > > your hd. To confirm this you could go to off-line mode or 
> close the 
> > > program and reopen it in the off-line mode and see that 
> the data is 
> > > still on your hd and you could do any backtesting you do in TS2k. 
> > > Also you have an option to set numbers of days data would be 
> > > available on the hard drive for you (default is 60 days).
> > >
> > > >Running futures? (I do not, just heared it is not there).
> > >
> > > The futures are there for few months.
> > >
> > > >Being able to clean the data (which is a real time demand if
> > > you do not
> > > >want to be reminded on the spike the rest of the day).
> > >
> > > What if the data is pretty clean. Do you still need to clean it 
> > > manually?
> > >
> > > >Knowing that if Omega makes an update, you do not use it
> > > until you are
> > > >sure it is better (will you get to do like that when 
> they are done 
> > > >converting users?) . . .
> > >
> > > The only way to be sure it is better or not is to test it for 
> > > yourself or to collect other user's opinions.
> > >
> > > >Then, claiming TS Pro better than TS2K because it is 
> more stable is 
> > > >really falling into the lap of Omega and their ways of
> > > redefining the
> > > >truth.
> > >
> > > For me it would be really difficult to argue about 
> something I never 
> > > seen, just heard something, and part of what I heard 
> turned out to 
> > > be not exactly true... There are numbers of improvement in ts pro 
> > > while some important features are still missing (we 
> discussed this 
> > > earlier). The overall performance/functionality score 
> would heavily 
> > > depend on the preferences and needs of each individual user 
> > > (somebody would not use a product with no bad ticks 
> editing option 
> > > while other would prefer the comfort of auto-correction option for
> > > bad ticks as long as it works the way they expected).
> > >
> > > Thanks,
> > > gary
> > >
> > >
> >
> > This message contains information that may be privileged or 
> > confidential and is the property of the Cap Gemini Ernst & Young 
> > Group. It is intended only for the person to whom it is 
> addressed. If 
> > you are not the intended recipient, you are not authorized to read, 
> > print, retain, copy, disseminate, distribute, or use this 
> message or 
> > any part thereof. If you receive this message in error, 
> please notify 
> > the sender immediately and delete all copies of this message.
> 


This message contains information that may be privileged or confidential and is the property of the Cap Gemini Ernst & Young Group. It is intended only for the person to whom it is addressed. If you are not the intended recipient, you are not authorized to read, print, retain, copy, disseminate, distribute, or use this message or any part thereof. If you receive this message in error, please notify the sender immediately and delete all copies of this message.