StockFetcher Forums · General Discussion · Weekly Filters: Be careful<< >>Post Follow-up
jim_c_hill
61 posts
msg #27425
Ignore jim_c_hill
7/17/2003 4:43:13 PM

You need to be aware of how stocks are found using a filter with weekly indicators, at least as I understand it from Tom.

Weekly data is based on the close on Friday at the end of the week. However, if you run the filter on M, T, W or Th of the following week you often get different sets of stocks or numbers of stocks. Apparently stockfetcher treats the following M,T,W or Th as part of a new week and develops a weekly data set that is not a week and then runs the filter with that data included.

If you truly want to run weekly filters you should run them on the weekend so that you are dealing with complete weekly data.

JH



StockFetcher Forums · General Discussion · Weekly Filters: Be careful<< >>Post Follow-up

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