logo
Welcome Guest! To enable all features please Login or Register.

Notification

Icon
Error

Options
Go to last post Go to first unread
SteveB  
#1 Posted : Wednesday, August 24, 2005 12:52:49 PM(UTC)
SteveB

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 3/14/2005(UTC)
Posts: 65
Location: Cocoa, Florida

Does anyone else have this problem? I have had this happen a few times lately. ENTU is a good example. MS shows yesterday's volume at 420,841 but the actual volume was 1.1 million...that's quite a difference and can cause someone to miss out on a good buy especially when it makes the difference between above or below average volume. I guess the problem is really with Reuters data but it's the same company and it's still frustrating when I shell out close to $3000.00 (with plugins) for MS and I have to rely on my free program from Ameritrade to verify that MS is right. When I find a difference between the 2, I then go to stockcharts.com to see which one is correct. Sometimes it's MS and sometimes it's not. Steve B
Patrick  
#2 Posted : Wednesday, August 24, 2005 2:06:50 PM(UTC)
Patrick

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 9/8/2004(UTC)
Posts: 2,266

Was thanked: 1 time(s) in 1 post(s)
Bigcharts.com shows the same volume as metastock ... So does that make reurters correct now? ...
SteveB  
#3 Posted : Wednesday, August 24, 2005 2:32:00 PM(UTC)
SteveB

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 3/14/2005(UTC)
Posts: 65
Location: Cocoa, Florida

Bigcharts.com has the same volume as stockcharts.com and my free Ameritrade chart program: http://bigcharts.marke[censored]ch.com/historical/default.asp?detect=1&symbol=entu&close_date=8%2F23%2F05&x=49&y=22 Metastock is the only one that has it wrong as far as I have found. I just want to find out what could possibly be the problem here to avoid it in the future so I can rely on my $3,000.00 program rather than having to verify it all the time with free programs. Steve B
Patrick  
#4 Posted : Wednesday, August 24, 2005 2:47:25 PM(UTC)
Patrick

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 9/8/2004(UTC)
Posts: 2,266

Was thanked: 1 time(s) in 1 post(s)
Volume Data from YahooFinance 23-Aug-05 1,134,400 22-Aug-05 349,400 19-Aug-05 678,000 18-Aug-05 1,178,500 17-Aug-05 1,059,300 16-Aug-05 566,600 15-Aug-05 334,800 12-Aug-05 420,300 11-Aug-05 753,200 10-Aug-05 666,000 Volume Data on ENTU from reuters Datalink 8/23/2005 1134395 8/22/2005 349715 8/19/2005 677949 8/18/2005 1178655 8/17/2005 1059622 8/16/2005 567720 8/15/2005 334758 8/12/2005 421385 8/11/2005 793101 .... Do you use data on demand or local data? At what time did you download data if you are using local data?
Patrick  
#5 Posted : Wednesday, August 24, 2005 2:54:22 PM(UTC)
Patrick

Rank: Advanced Member

Groups: Registered, Registered Users, Subscribers
Joined: 9/8/2004(UTC)
Posts: 2,266

Was thanked: 1 time(s) in 1 post(s)
Well let me post this before you post your answer ... Reuters Datalink cleans up and corrects its data for 2 Hours after the market closes and therefore recommend to their users to wait 2 hours after market close to download data. Patrick :mrgreen:
SteveB  
#6 Posted : Wednesday, August 24, 2005 10:14:13 PM(UTC)
SteveB

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 3/14/2005(UTC)
Posts: 65
Location: Cocoa, Florida

Patrick, I use local data EOD. I never download before 7 p.m. EST as someone from Reuters, at one time, told me that they have the corrected data up by then. I try to wait to as close to 9 p.m. as possible as I think I saw on the Equis site to wait until then. Yesterday (the day with the problem) I downloaded at about 7:30 p.m. (eastern). Thanks Steve B
Jose  
#7 Posted : Thursday, August 25, 2005 5:43:34 AM(UTC)
Jose

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 1/19/2005(UTC)
Posts: 1,065
Location: Koh Pha-Ngan, Earth

Was thanked: 2 time(s) in 2 post(s)
SteveB wrote:
ENTU is a good example. MS shows yesterday's volume at 420,841 but the actual volume was 1.1 million
My guess is that a large after-market parcel of shares was added to the 420K EOD volume. This problem is a data issue - it has nothing to do with MetaStock itself. Richard Dale would be the guy to ask about this - he knows the ins & outs of data quirks, and offers the cleanest data I've seen. http://www.premiumdata.net jose '-) http://metastocktools.com .
SteveB  
#8 Posted : Thursday, August 25, 2005 11:36:10 AM(UTC)
SteveB

Rank: Advanced Member

Groups: Registered, Registered Users
Joined: 3/14/2005(UTC)
Posts: 65
Location: Cocoa, Florida

Jose wrote:
Richard Dale would be the guy to ask about this - he knows the ins & outs of data quirks, and offers the cleanest data I've seen. http://www.premiumdata.net .
Thanks for the information Jose! I'll check his service today. Steve
Users browsing this topic
Guest (Hidden)
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.