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To: Phillip C. Lee who wrote (8760)2/25/1998 8:40:00 AM
From: Bill Jackson  Respond to of 213173
 
Phillip, I remember now, since we have a market we will not deviate far from the mean. In making graphs you would analyze the average, the mena, the median, the max deviation, the standard deviation etc and use that to massage the data to include the best data on your plot. In a market you put them all in(except for estates selling a share and an odd lot) and average them as dollars and shares can be counted absolutely. This makes a lot of the statistical number management methods useless, except in the micro or pink sheets where you still get huge spreads, and you can take liberties with statistics to create patterns that are not there. Most stocks on nasdaq, like AAPL have tiny spreads.

Bill