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<DIV><FONT color=#000000>One of the many dumb questions I will ask:</FONT></DIV>
<DIV><FONT color=#000000></FONT>I know the S&P futures is a leading
indicator rather than a lagging one. I know I should watch it while I day
trade. What I don't know is where to find it! Is it a symbol I can
add to my quote screen? Do you all watch it and does it help? Thanks for
the help! </DIV>
<DIV>Linda</DIV>
<DIV> </DIV>
<DIV> </DIV>
<DIV><FONT color=#000000>Linda Swope<BR>Swope's Mountain
Photography</FONT> </DIV>
<DIV><FONT color=#000000>**Climb the mountains & get their good tidings;
Peace will flow into you as sunshine into flower; the winds will
blow their freshness into you & storms their energy, & cares will
drop off like autumn leaves. John Muir**</FONT></DIV></BODY></HTML>
</x-html>From ???@??? Fri Sep 04 13:58:39 1998
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From: richard.p.parsons@xxxxxxxxxx (Richard Parsons)
To: RealTraders Discussion Group <realtraders@xxxxxxxxxxxxxx>
Subject: Re: Dow data problems
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Ron, thanks for your observation. I gleaned this data from the Metastock web
site. At the time I wondered why there was a gap in the data; Thursday 30th
July 1914 the closing value was 71.42; the next date is Saturday 12th
December 1914 the closing value was 54.62.
Can you or anyone else on this list suggest the correct method for filling
the gap?
according to the original data
-----Original Message-----
From: Ron Griess <rgriess@xxxxxxxxxxxxxxxxxx>
To: richard.p.parsons@xxxxxxxxxx <richard.p.parsons@xxxxxxxxxx>
Date: 04 September 1998 17:20
Subject: Dow data problems
>Richard,
>
>Being an "old" market observer, I feel compelled to point out a problem
with
>the data/chart you presented to RealTraders. Your data in 1914 is linked
>incorrectly. The market closed in June 1914 in the low 70's. It reopened
>late in the year in the 50's. However, the new price was a different index
>and Dow Jones only gives you one day's price of the old index. To stay
>consistent, most people would suggest adjusting data prior to June 1914 by
>the ratio of the new index/old index. That means you do not have a "neat"
>double bottom. Dow Jones publishes a book on the Dow Averages every 5
years
>and I would refer you to it for the prices you need to make the proper
>adjustment.
>
>Ron Griess
>
>
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