The path in the merge is the first folder listed in the download. Hope this helps Regards Doc

Thanks, pointed me in the right direction, and I found an even easier way. Open a security from the appropriate folder in Metastock (not downloader as you say - that works for me only whilst you remain in downloader; the minute you close it and come back to it, the folder location is gone again). You can then close it, and (forever) thereafter, whenever you try and merge from downloader (even after closing and opening downloader, and even after closing and opening Metastock), the proper folder tree gets displayed (as long as you do not open a different security in between, of course)! Meaning, no extra step required. Once again, thanks for pointing me in the right direction. Still, a default file location option would be nicer yet.