Re: Yahoo, data, etc.

["Henry Amand" <h.amand@xxxxxxxxx>]

Yarroll wrote:

> All I'm saying is that even "blue chips" have had numerous occassions
> to close 20% or more above or below previous close.

this is not abnormal. It just happens now and again.
The way for you to check if it is right or wrong is if the
stock closes the next day again close to the 2 day's
prior close. that means it could indeed be a bad close.
If the stock stay's somewhere in the range of the previous
close it might very well been something lake a takeover
or profit figures comming out or something that influences
the price of the stock. Not abnormal i would say.


> In fact I had hoped to look specifically into blue chips
> (diversification, etc) assuming they would share some characteristics
> with indices, price-wise (no sudden jumps, volatility, ATR and StDev
> in line, no unexpected slippage, etc.)  I can be mistaken here. Like
> I said, I'm new to stocks. 

Stocks will have totaly different charactaristics from indexes.
You can see an index as a "smoothed average" of 30 stocks.
Also less volatile and for sure more sudden jumps. When did
you ever see an index jump 5% higher at the opening. almost
never happens but with stocks you see it much more often.


greetings