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Fwd: FUTR: Data Quality



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Just want to add my frustration to the discussion on data....i have dial data
and over the last two days the futures have been a waste of time....i download
35 futures every day and a dozen on each of the last two days have been right
off the map......

imagine my surprise when i saw tbonds march fell to 111.00 and cocoa march
went to 705 and silver march went to 750....er...wait a minute silver actually
did go to 750...okay so they got one right...

this is totally unacceptable...data is our lifeblood...whats the point of
trading dependant on what your computer says if the data is incorrect....

I will be calling dial data today..they dont seem to care...but i will give it
a try...

will update the group on what DD said....

i think by monday i will be able to update the group on what Telescan does to
open a new account..


Frustratingly

Rick
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From: Paul Cote <cote@xxxxxxxx>
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: FUTR: Data Quality
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I have found pinnacle quite good for end of day.  They charge 12 per mo
if you pay in advance, otherwise 15 I believe. www.pinnacledata.com

Rod Smith wrote:
> 
> At 08:10 AM 2/5/98 -0800, you wrote:
> >Last night I received very bad data quality from my EOD data provider (Dial
> >Data).  I decided not to wait for them to correct the data because it did
> >not work in the past, but to check on the Exchange WEB sites (CBOT, MidAM
> >etc) and correct it manually for yesterday.
> >
> >For my biggest surprise I found that 90% of the contracts I checked the
> >data from the exchanges did not match with my EOD data. I could not match
> >not just the one that was way out of range, but almost non of the others
> >OHL.  Most of the time the close was the same.
> >
> >In TA it is important that all four (six, OHLCVOi) data is correct, because
> >most of the indicators use other than the close also.
> 
> Erika,
> 
> Part of what you are seeing is that Dial Data includes any overnight
> trading whether it be Globex or project A in the daily bar. Also their data
> is full of errors. Six months ago I switched to CSI Unfair Advantage. They
> have clean data, errors that do slip in are corrected on the next days
> download, and they have separate files with day only trading or the 24 hour
> bar if you prefer. Check <www.csidata.com>.
> 
> Rod Smith