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To: mc who wrote (7736)6/23/1998 4:28:00 PM
From: Douglas Webb  Read Replies (1) | Respond to of 14162
 
Yeah, I'm using the formula from here:
e-analytics.com

But I'm not sure of a couple of things:
- What is considered an Up day and Down day; is it based on the Opening, or the previous close?
- When you sum the closing price for the Up/Down days, do you divide by the number of days in the period, or by the number of Up/Down days?
- What do you do on No-Change days?

Do you remember the answers to these?
Thanks.
Doug.