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Strategies & Market Trends : A.I.M Users Group Bulletin Board -- Ignore unavailable to you. Want to Upgrade?

To: Sbtorres who wrote (14702)	2/3/2001 7:29:23 AM
From: jptenz	Read Replies (1) \| Respond to of 18928

Thanks Santos. I liked the brief and concise explanation with the examples on pages 1&2. I'm still trying to understand fig.3 and match with Bill's spreadsheet. Let's simply take his entries on 9/21/94 where the action taken is selling 150 shares. I do not get the same answer, or any of the entries on the spreadsheet for 9/21 using the suggested formula: (PC+$s)/N(1-S%). Here is what I calculated: $7000-2380/1000(.90) = 5.13. What is Pc/N (units in price?) I'm missing the value in this exercise as I apparently don't understand something here. But again, I appreciated the succinctness of the first two pages. Jack