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Technology Stocks : Qwest Communications (Q) (formerly QWST) -- Ignore unavailable to you. Want to Upgrade?


To: mfgrep who wrote (3807)5/19/1999 3:19:00 PM
From: SJS  Read Replies (1) | Respond to of 6846
 
Jason,

Median, Mean (or average, same thing) and Mode are three arithmetic tools to use on samples.

1) Mean or average is well know. Add up all the samples and divide by the number of the sample.
2) Median is the "middle" value in the sample range. Put them all in highest to lowest order and find the middle value (sample size/2) element.
3) Mode is the sample value that occurs most often. Ususally seen best with a histogram.

I think the mode is much better way to see the true trade size today, or any day.

Regards,

Steve



To: mfgrep who wrote (3807)5/19/1999 5:22:00 PM
From: Andy H  Read Replies (1) | Respond to of 6846
 
I understand about average trade size. FWIW, the largest trades today were two trades of 200K, and one trade of 202.3K at 10:05 and 10:06 am; the next largest trade was 20.4K at 9:34 am. The two 200K trades were seconds apart and one teeny difference in price-presumably the other side of the same trade with NAZ double counting. The tenth largest trade was 11.9K at 2:37 pm. I'm not familiar with QWST's typical big block activity, but I think you'll find that most high dollar stocks have average trade size of 800 to 1200 shares.

When TYC was hitting bottom in the low 70s six weeks ago-its average trade size was running several thousand a day, peaking at over 5000 shares, or around $400K per trade.