Re: [CANSLIM] company names? -- Downloading databases.


From: Hemant Rotithor <rotithor@zko.dec.com>
Subject: Re: [CANSLIM] company names? -- Downloading databases.
Date: Sun, 06 Apr 1997 12:59:49 -0700

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Dan Musicant wrote:

> :Dan
> Still haven't found it...but!...I did find a site where I can
> periodically (during the day) download a text file that is a comma
> delimited database of 5000+ stocks...
> 
> Symbol, Last, Change, Volume, Previous,High, Low,%Chg
> 
> The site:
> http://www.tradepbs.com/qsys/web/headers/downmenu
> 
> In their words, you can then "manipulate" the data for your purposes.
> I take this to mean that after I import the data into a database
> system, I can rank stocks by % gain, acceleration, % change in volume,
> whatever. I have Access and FoxPro on my system and am 100 times more
> comfortable in FoxPro, but haven't found a way to import comma
> delimited files into it yet. I could import it into Access and then
> export it from there into FoxPro. Am I right that this would be an
> invaluable tool? My impression is that elsewhere this sort of info is
> only available once a day and that IBD online cancelled their % change
> in volume listings. Obviously, this becomes more useful if the
> information is frequent and up to date, not to mention accurate
> (looking at the file I downloaded [300+k] I saw a glaring error or
> two).
> 
> Dan

As an alrenative to using a general purpose database software, there is
a free scanning charting software called "stockwiz" from Isoft
that can accept ascii data.
I used the data from above source and wrote a utility to convert it to
stockwiz/metastock format, which then could be manipulated with any of
the software.
However, I found it to be of limited use because the data above is for
about 6K stocks onaly and there is a problem with correctness of data.
So it is hard to make a buying decision based on the analysis.
One is better off using a professional data source from quotes plus or
others.

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