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On 17 Aug 2004 14:23:07 -0000, "Lionel Issen" <lissen@xxxxxxxxxxxxx>
wrote:
>>Harry:
>>
>>Please do send me the clarification, or better still post it here.
I sent Roy an Excel spreadsheet containing a detailed example. I don't
think I can include an attachment to E-mails in this forum. If you
want, I can send the spreadsheet directly to you.
To summarize my findings, I looked at GM for 21 trading days in July.
I performed three sets of calculations:
1. "manually", using the formulas I posted earlier;
2. using the Excel functions for slope and intercept; and
3. using linregslope() in Metastock.
All gave essentially the same results.
Harry
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