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I repeat - daily advances and declines _can not_ be aggrated into weekly
advances and declines. An stock may decline 5 points on Monday and advance 1
point each on Tue-Fri. The daily activity for the week shows up as 1 decline
and 4 advances. You can't aggregate that into 3 advances for the week. The
stock declined 1 point for the week. The only way to identify identify
weekly a/d is to compare the closing prices from Friday to Friday and the
only way to identify weekly h/l is to compare the weekly closing high/low
with the closing high/low for the previous 51 weeks.
Earl
-----Original Message-----
From: CalaxCorp@xxxxxxx <CalaxCorp@xxxxxxx>
To: eadamy@xxxxxxxxxx <eadamy@xxxxxxxxxx>
Date: Friday, February 20, 1998 8:51 AM
Subject: Re: GEN: NEW HI'S AND LOW'S - WEEKLY
>In a message dated 98-02-19 20:41:12 EST, you write:
>
><< Subj: Re: GEN: NEW HI'S AND LOW'S - WEEKLY
> Date: 98-02-19 20:41:12 EST
> From: eadamy@xxxxxxxxxx (Earl Adamy)
> Sender: owner-realtraders@xxxxxxxxxxxxxx
> Reply-to: eadamy@xxxxxxxxxx
> To: realtraders@xxxxxxxxxxxxxx (RealTraders Discussion Group)
>
> Unfortunately, aggragation doesn't turn daily adv/dec and hi/lo into
weekly.
> The weekly series are based upon the price action for the entire week
rather
> than one day.
>
> Earl
> >>
>
>Earl,
>From what I know about Excel spreadsheet, you can use the @max formula to
find
>the weekly hi from the group of daily hi figures. And @min for the lo's.
>I have not done it myself.
>Sincerely,
>William
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