SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Metastock 6.0 for Window
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Michael Quarne who wrote (2665)1/20/1999 9:50:00 PM
From: NickSE   of 4056
 
Mike,

They don't hit they're highs at the same time. What the theoretical high is it assumes the 30 stocks hit their highs simultaneously. Same goes for the lows. In actuality, this never happens.

For instance, QP2's theoretical DJIA high and low for today are 9555.01 and 9230.35, respectively while the actual was 9480.09 and 9300.90 (http://www.cnnfn.com/markets/dow.html) so you see the theoretical high/lows span a larger range than the actuals which should be the case.

1. I don't see how this could be the case, even in concept, as there is no possible way that all would hit H/L at the same time except at the end of time period used.

2. Saying that the whole concept of this 'theoretical' number is invalid? In fact it would seem that the EOD number would have to be the more correct since it is the real H/L, taken at the end of day, for each company.

I'm still not clear on the issue. Do you have a source of "real" data so I can make the comparisons?

Hope this helps,
Nick
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News