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Group:

I'm interested in acquiring some software to use for back testing and
general analysis.  Based on a recent article in S&C, the Equis 
Metastock 6.5 (non-pro, end-of-day, $349 version) system has caught my
attention.  One particularly important capability is the ability to
define my own indicators, and overall flexibility.

Can anyone give me the benefit of your experience on this subject?  Are
there any "gotchas" I should be aware of - i.e. high priced extras
necessary, proprietary data formats,  things that just don't work like
they should, etc.  From a price performance standpoint, which other
systems should I be considering?  Your input is much appreciated.

Best regards,
Michael Spencer
Los Angeles