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>I have just purchased the Genesis Continuous Contracts CD for
>TradeStation. I had heard that the price gaps between contracts were a
>problem, but they are ridiculous. True, there is no way to make a true
>10 year contract, but does anyone know of a better way to back test?
>I've tried weekly cash charts, but this isn't really good either.
>....
>Any suggestions?
>THANKS !!!
>Tim Proeber
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Hello, Tim - There are more problems than just gaps in Genesis' Data.
Genesis Financial Data (Colorado Springs) has put out BAD data: there
are ERRORS in the pricing, not just gaps. My recommendation is to return
it. Get out of a bad situation early.
I have been at verbal war with Genesis for over a month regarding their
bad data. They have given conflicting excuses, finger-pointing and
shoulder-shrugs - everything except an ethical acceptance of
responsibility for their own product.
I used Genesis' extensively in my analysis for 3 years before finding a
pricing error by chance. Then alerted, I started focusing on their
pricing and found another error. Then another. And yet another. Over
several different commodities and different time-frames. I called the
respective exchanges to verify the prices. Each of them confirmed my
findings: Genesis Financial Data is BAD Data.
My email exchanges with Genesis over this issue include documented
proof of the errors, their initial denial of it being Genesis' data,
then their denial of it being Genesis' responsibility anyway, and
finally, a reluctant admission that, yes, they ARE Genesis' errors. (It
took a month and TWENTY-ONE emails for Genesis to admit to the
errors).
When I kept pushing the issue and demanded that they go to the
marketplace with corrections, Mr.Larson "claimed" to have made the
corrections. When asked to verify that claim, he refused. When I asked
him to debate the issue online in the newsgroups, he declined.
By Mr.Larson's continual side-stepping of the problem instead of
responsibly fixing it, my conclusions are that Genesis Financial Data
has pricing AND ethics problems: not the type of company I wish to be
associated with. I now get my data from Bridge CRB Information Systems
in Chicago and am quite satisfied.
If you would like documentation of the Genesis errors or their multiple
excuses about it, I have that information. Please contact me offline and
I'll be glad to send it to you.
Good luck in whatever you decide.
Tom Beno
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