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Strategies & Market Trends : Charts for Breakout

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To: James R.Gross who wrote (660)8/22/2000 8:52:35 PM
From: Julius Wong  Read Replies (1) of 3506
 
Jim:

First there is a minor question. How many trading days in one year?

The standard answer is 250 days. But there are really 252 trading days in one year. There are 365 days in one year, minus 52 week ends, then minus 9 stock market holidays, i.e.,

365 - (2x52) - 9 = 252

The new high PCF is then
C > MAXC252

If you use 250 days in one year,
C > MAXC250

Julius
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