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Strategies & Market Trends : TC2000 Users Technical Analysis Forum
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To: Smooth Drive who wrote (1602)1/24/1999 7:29:00 PM
From: bob wallace  Read Replies (1) of 3291
 
Eric

I am not sure, but I think it goes something like this:

as you know, the Dow has its famous divisor to keep things continuous

I believe that the theoretical high and low are the sums of the actual highs and lows of the 30 stocks over the day or week or what ever

perhaps someone out there can correct me if I am wrong - in any event
Barrons publishes the weekly actual and theoretical highs and lows -
the actual are what we see in the paper etc, the theoreticals are more extreme

Bob
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