Hello, First, I apologize for the failure to provide adequate advanced notice of this change. I provided the new structure to Gary and he implemented them over the weekend. The responsibility for better coordination with Gary is mine. I need to clarify some misinformation being posted on this board. Industry Monitors, Inc. is the owner of the Industry Monitors 200 Industry Groups(c). Ron Brown has nothing to do with the classification structure. Groups are not changed on a whim or arbitrarily. The 192 industry groups and 12 sectors Gary has been providing have been in place and not changed since 1994. They have been stable and maintained for 12 years for all the reasons that have been mentioned. If you look closely at the taxonomy of the new structure that was posted on the QP board as a PDF file you will see some similarity to several other industry structures. There are no standards for organizing and naming industry groups. There are only popular groupings that are trademarked and copyrighted products of other companies at various cost points that are not always affordable. The new Industry Monitors structure has 10 Sectors that are very popular names in the industry. Many of the 150 Industry names have a preface to them that allow for yet additional groupings e.g. several transportation groups are prefixed with transpt-xxxxx. So in effect there are three levels for some groups (sector, industry prefix, industry group). The majority of the change was to consolidate small groups. If you assume that the past 12 years of stability with the Industry Monitors Industry Groups are any indication of future stability then you have your answer. If you assume that we learn from our mistakes then you also have you answer that any future structural changes will be announced ahead of time. Best Regards, George Roberts Industry Monitors, Inc.
_____ From: [email protected] [mailto:[EMAIL PROTECTED] On Behalf Of trb0428 Sent: Wednesday, March 07, 2007 8:33 PM To: [email protected] Subject: INDUSTRY GROUP Re: [quotes-plus] Digest Number 2431 Gary, I too now have significant work to re-do across all of my AmiBroker indicators and scripts due to this change. I completely agree with Joe and many others that QP's data integrity should not be controlled by the thoughts of one individual , in this case Ron Brown, but rather should be aligned to an industry standard for purposes of consistency and reliability. As a data vendor surely you must agree that these are paramount considerations. May I strongly suggest the Dow Jones Industry structure. This is widely accepted across the financial world as one of the best systems of catagorizing individual stocks into industries/sectors. It is standardized, stable and consistent and not subject to the whims of any single individual who can bring significant pain and suffering to your customer base without so much as an advance notice. Before I begin the task of re-writing much of my software, you mentioned in a previous post that you have access to industry groups from a couple of other sources (industry standard groups) and that you would include them if there is enough interest. Can you please do so....as I am not willing to commit more time and energy into the current data structure if it remains changeable without even the courtesy of advance notification. Looking forward to your positive response. Best regards, Tom --- In quotes-plus@ <mailto:quotes-plus%40yahoogroups.com> yahoogroups.com, "Joe Landry" <[EMAIL PROTECTED]> wrote: > > Discussion of Quotes Plus SoftwareHello Gary - you wrote - > > When you download the Industry Groups this weekend, you will see that ther are now 149 groups, instead of the previous 198 groups. Here is Ron's message describing the changes: > > This blows a hole through all my work with Industry and Sector Groups and as Mr. Jones mentioned on > the HGS board, it means hours of remapping and ripples completely through the Amibroker software that > I've developed. > > I'd like to recommend that you choose an industry/sector mapping that is standard with the industry and separate from > Ron Browns designs, unless of course you only want to meet the HGS users requirements. I would hope that's not the > case and that you would continue to support Amibroker users who depend on you for data. > > Please let me know if there's a work around this change outside of "NOT DOWNLOADING" the data, or a way > of substituting one of the standard industry mapping. > > Best regards > Joe > > > ----- Original Message ----- > From: quotes-plus@ <mailto:quotes-plus%40yahoogroups.com> yahoogroups.com > To: quotes-plus@ <mailto:quotes-plus%40yahoogroups.com> yahoogroups.com > Sent: Monday, March 05, 2007 2:34 AM > Subject: [quotes-plus] Digest Number 2431 > > > Discussion of Quotes Plus Software > Messages In This Digest (4 Messages) > 1. Re: what is the TTM EPS for ticker ACAS? From: gary > 2a. Re: !TRN-N in error? From: gary > 2b. !TRN-N in error? From: gesa > 3. Industry groups From: gary > View All Topics | Create New Topic Messages > 1. Re: what is the TTM EPS for ticker ACAS? > Posted by: "gary" [EMAIL PROTECTED] garylyb > Sun Mar 4, 2007 4:29 am (PST) > > I've asked Reuters to clarify the numbers for me > > Best regards, > > Gary Lyben > > ----- Original Message ----- > From: investor0329 > To: quotes-plus@ <mailto:quotes-plus%40yahoogroups.com> yahoogroups.com > Sent: Saturday, February 24, 2007 4:40 AM > Subject: [quotes-plus] what is the TTM EPS for ticker ACAS? > > TTM EPS is twelve month trailing earnings per share > > According to QP data it is $3.11 > > According to Yahoo, it is $6.55 > > Which is it? If QP is right, than ACAS is paying more in dividends > than it earned. If Yahoo is right, then ACAS is doing great. Chat > board at Yahoo says ACAS is doing great because of the low dividend > payout ratio which is dividends payed divided by TTM EPS. > > Am I reading the above numbers correctly? > > TTM EPS has a specific definition, does it not?..no room for different > definitions, right? > > > Back to top Reply to sender | Reply to group | Reply via web post > Messages in this topic (2) > 2a. Re: !TRN-N in error? > Posted by: "gary" [EMAIL PROTECTED] garylyb > Sun Mar 4, 2007 4:30 am (PST) > > The trin calculation is: > TRIN = (# of advancing issues/# of declining issues)/(volume of advancing issues/volume of declining issues) > For the NYSE, on 2-27, the numbers are: ( 456 / 2867 ) / (449 / 41820 ) = 14.18 > > The declining volume absolutely swamped the advancing volume, I don't eve remember it being that one sided. > > Best regards, > > Gary Lyben > > ----- Original Message ----- > From: ges > To: quotes-plus@ <mailto:quotes-plus%40yahoogroups.com> yahoogroups.com > Sent: Wednesday, February 28, 2007 8:17 PM > Subject: [quotes-plus] !TRN-N in error? > > I know 2/27 was a big down day, but still... !TRN-N seems to be way out > of whack...much too high. !TRN-Q and !TRN-A look right, but not !TRN- > N. Can you please check this out and correct? > > Thanks, > > ges > > > Back to top Reply to sender | Reply to group | Reply via web post > Messages in this topic (3) > 2b. !TRN-N in error? > Posted by: "gesa" [EMAIL PROTECTED] gesges > Sun Mar 4, 2007 7:51 pm (PST) > Well, I heard back from Gary and it looks like the !TRN-N spike is NOT an error. All I can say is... WOW! > > > Back to top Reply to sender | Reply to group | Reply via web post > Messages in this topic (3) > 3. Industry groups > Posted by: "gary" [EMAIL PROTECTED] garylyb > Sun Mar 4, 2007 4:30 am (PST) > Hello - > > When you download the Industry Groups this weekend, you will see that ther are now 149 groups, instead of the previous 198 groups. Here is Ron's message describing the changes: > > When you download today, you will find that the group and sector structure of HGSI has changed. We consolidated some very small groups into larger groups to give us a total of 150 Industry Monitor groups rather than 193. Also, the sectors have been reduced from 12 to 10. The new sector structure is on top, and the old is on the bottom. > > I will be out of town until later this after noon, but when I return, I will record my weekly report and show you how to download and update my User Groups. I will cover all of this plus the market situation. > > Ron > > Ron Brown > [EMAIL PROTECTED] > www.highgrowthstock.com > > > Back to top Reply to sender | Reply to group | Reply via web post > Messages in this topic (1) Recent Activity > a.. 7 New Members > Visit Your Group > SPONSORED LINKS > a.. Small business finance > b.. Business finance online > c.. Business finance training > d.. Business finance course > e.. Business finance schools > Best Company > Best place to work > > Play the Bix.com > > faceoff to see! > > Yahoo! News > Adventure Beat > > Travel the world > > with Richard Bangs > > Yahoo! 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