TECHANLY[1]

Notes As a registered user, you will receive a licensed copy of the latest TANLY32.XLL addin. The differences between the licensed copy and the evaluation copy are:1) Models are not restricted to the number of data points in the array(45 data points at most) 2) Periods are not restricted to either 5 or 14 3) Weighting factors are not restricted to either 0.2 or 0.8 In such cases the evaluation copy will return #N/A's. Function Arguments -------------------------Arguments to the functions are either a numeric array or a number. Range refers to the numeric array and should be a ONE COLUMN range of cells with an unlimited number of rows. (i.e. n rows by 1 column). Period refers to the fixed number of days over which to run the model each day. WeightingFactor, between 0 and 1, refers to the factor by which more recent data influences the model. Function Results ---------------------All the functions return an array of results. In general the functions will return an array size equal to the size of the array entered. Therefore if the argument array has (n rows by 1 column) then the results array will have n values. When selecting a range of cells for the results array, users are recommended to usually select a ONE COLUMN RANGE of cells with the same number of rows as the argument array. In this way each result value can be matched up with its data value. The exceptions to this rule are:The Correlation function which will return an array with 3 values corresponding to R2, intercept and correlation. The LanesStochs function which will return an array with Page 1 Notes (n rows by 4 columns) because this function returns four sets of results. Entering Array Formulae -------------------------------Users who are not familiar on how to enter an array formula please read the following:1) Enter the formula in the cell. You can use the function wizard to guide you. The first value from the array of results will be entered in the cell. 2) Starting from the cell where you entered the function, select the range of cells where the function will return the whole array of results. 3) Press Function key F2 to edit the formula. 4) Press CTRL+SHIFT+ENTER. The array of results will be entered into the selected range of cells. For more information on how to enter array formula please refer to the Excel online help (Search for "Entering an array formula"). Page 2 Reg Mov Avgs Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Regular Moving Averages Period 5 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 6.186 #N/A 6.112 #N/A 6.073 #N/A 6.027 #N/A 5.989 #N/A 5.985 #N/A 6.025 #N/A 6.054 #N/A 6.1 #N/A 6.142 6.106785714 6.198 6.1075 6.222 6.118214286 6.254 6.123928571 6.256 6.123214286 6.268 6.136071429 6.253 6.157857143 6.235 6.176071429 6.243 6.201071429 6.255 6.218214286 6.231 6.223928571 6.17 6.209642857 6.108 6.195357143 6.024 6.173928571 5.937 6.145 5.875 6.108571429 5.839 6.072857143 5.827 6.042857143 5.819 6.017857143 5.828 5.987857143 5.814 5.951785714 5.811 5.921428571 5.793 5.882142857 5.755 5.839285714 5.659 5.783571429 5.587 5.743571429 5.548 5.721428571 5.472 5.685 5.402 5.648214286 5.364 5.601071429 5.306 5.553214286 5.224 5.506071429 Regular Moving Averages 6.4 6.2 6 Price 5.8 5.6 5.4 5.2 5 Page 3 Reg Mov Avgs Regular Moving Averages Price 5 14 Date Page 4 Weighted Mov Avgs Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Weighted Moving Averages Period 5 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 6.156 #N/A 6.084 #N/A 6.028333333 #N/A 5.984 #N/A 5.975 #N/A 6.002 #N/A 6.063666667 #N/A 6.085333333 #N/A 6.124 #N/A 6.160666667 6.096142857 6.23 6.128571429 6.260666667 6.152904762 6.27 6.17047619 6.245333333 6.177952381 6.25 6.19752381 6.252333333 6.216047619 6.234666667 6.221666667 6.253 6.236857143 6.252 6.242047619 6.217 6.232952381 6.13 6.199095238 6.036666667 6.15647619 5.957333333 6.113095238 5.884333333 6.063904762 5.852 6.023238095 5.823666667 5.980761905 5.820666667 5.948380952 5.821666667 5.92 5.832 5.897619048 5.812666667 5.868571429 5.799666667 5.845 5.776 5.820809524 5.725 5.78852381 5.596666667 5.725952381 5.513666667 5.676142857 5.511333333 5.654333333 5.448666667 5.606142857 5.388 5.55347619 5.314 5.491047619 5.232666667 5.426904762 5.187333333 5.375809524 Weighted Moving Average 6.4 6.2 6 Price 5.8 5.6 5.4 5.2 5 Date Page 5 Weighted Mov Avgs Weighted Moving Averages Price 5 14 Date Page 6 Exp Mov Avgs Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Exp. Moving Averages Period 0.2 0.8 #N/A #N/A 6.34 6.34 6.18 6.3 6.172 6.274 6.1864 6.2572 6.10928 6.22376 5.997856 6.173008 5.9555712 6.1274064 5.9431142 6.0899251 5.9886228 6.0719401 6.0537246 6.0715521 6.1467449 6.0912417 6.101349 6.0909933 6.1562698 6.1067947 6.199254 6.1274357 6.3198508 6.1719486 6.2959702 6.1955589 6.259194 6.2064471 6.1958388 6.2011577 6.2551678 6.2149261 6.2710336 6.2269409 6.2142067 6.2215527 6.2748413 6.2352422 6.2469683 6.2361937 6.1693937 6.218955 6.0098787 6.169164 5.9139757 6.1133312 5.8787951 6.064665 5.819759 6.012732 5.8359518 5.9781856 5.7991904 5.9405485 5.8238381 5.9184388 5.8287676 5.900751 5.8457535 5.8906008 5.7851507 5.8664806 5.7770301 5.8481845 5.747406 5.8265476 5.6614812 5.7892381 5.4282962 5.7053905 5.4136592 5.6463124 5.5467318 5.6330499 5.3973464 5.5784399 5.3114693 5.5207519 5.2062939 5.4526016 5.1372588 5.3860812 Exponetial Moving Averages 6.4 6.2 6 Price 5.8 5.6 5.4 5.2 5 Date Page 7 Exp Mov Avgs ponetial Moving Averages Price 0.2 0.8 Date Page 8 Standard Deviation Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Standard Deviation Period 5 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 0.093968 #N/A 0.087864 #N/A 0.112227 #N/A 0.109636 #N/A 0.061278 #N/A 0.053151 #N/A 0.096566 #N/A 0.08792 #N/A 0.072111 #N/A 0.05933 0.114717 0.095499 0.116301 0.101587 0.126028 0.069857 0.130298 0.066933 0.129935 0.061806 0.135195 0.043243 0.13088 0.04272 0.115861 0.049447 0.097274 0.035707 0.078437 0.057053 0.069176 0.123085 0.096446 0.172395 0.125858 0.163646 0.153098 0.132834 0.181405 0.062048 0.188153 0.04219 0.198249 0.031145 0.201138 0.020736 0.204504 0.022804 0.195268 0.032863 0.184491 0.036125 0.175241 0.045497 0.14536 0.075993 0.11752 0.170455 0.141359 0.18707 0.162237 0.155788 0.161869 0.129112 0.181997 0.10849 0.206301 0.148425 0.23281 0.179388 0.258439 0.098133 0.264198 Volatility 0.3 0.25 Volatility 0.2 0.15 0.1 0.05 0 Page 9 Standard Deviation Volatility 5 14 Date Page 10 RSI and PercRange Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 RSI Period 5 #N/A #N/A #N/A #N/A 14.28571429 10.63829787 16.94915254 7.407407407 19.35483871 46.42857143 88.46153846 73.01587302 79.48717949 78.37837838 81.81818182 65 72.22222222 51.42857143 57.5 35.8490566 33.92857143 56.06060606 59.67741935 30.64516129 18.55670103 18.36734694 0 0 9.210526316 14 35.71428571 39.47368421 65.51724138 31.57894737 44.82758621 17.85714286 10.41666667 1.020408163 10 34.14634146 26.25 27.27272727 34.42622951 26.98412698 9.803921569 Percentage Range Period 5 #N/A #N/A #N/A #N/A 100 100 100 100 60 0 0 34.7826087 0 0 0 23.07692308 55.55555556 100 47.05882353 13.63636364 78.94736842 0 55.55555556 100 100 100 100 100 78.78787879 100 50 20 0 100 93.75 100 100 100 90.12345679 43.24324324 100 100 100 100 79.16666667 RSI and Percentage Rang 120 100 80 Value 60 40 20 0 Date Page 11 RSI and PercRange RSI and Percentage Range RSI PercRange Date Page 12 Stochastics Lane's Stochastics Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 %K Period 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 67.5 100 85.36585366 75.6097561 58.53658537 80.48780488 81.70731707 63.41463415 82.85714286 60.71428571 23.07692308 0 0 0 0 7.216494845 0 8 8 12 0 0.961538462 0 0 0 7.692307692 42 0 0 0 0 6.849315068 %D Period 5 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 77.40243902 80 76.34146341 71.95121951 73.40069686 73.83623693 62.35406057 46.01259716 33.32967033 16.75824176 4.615384615 1.443298969 1.443298969 3.043298969 4.643298969 7.043298969 5.6 5.792307692 4.192307692 2.592307692 0.192307692 1.730769231 9.938461538 9.938461538 9.938461538 9.938461538 8.4 1.369863014 %D-Slow #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 44.42370765 39.22662622 34.01543329 28.96247161 24.23683506 19.29337869 14.2045266 9.764401391 6.601413682 4.930613054 4.443485896 4.823705676 5.430503002 5.927410219 5.807879079 MA %D-Slow Period 5 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A 34.17301476 29.14694897 24.14252905 19.29232267 14.82011108 10.95886668 7.988888124 6.11272394 5.245944262 5.111143569 5.286596774 Page 13 Stochastics Lane's Stochastics 120 100 80 Value 60 40 20 0 %K %D %D-Slow MA %D-SLow Date Page 14 Momentum and Oscillators Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Momentum Period 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A -0.13 0.21 0.12 0.06 0.09 0.3 0.33 0.26 0.29 0.17 -0.02 -0.12 -0.28 -0.34 -0.545 -0.45 -0.46 -0.35 -0.44 -0.425 -0.43 -0.515 -0.5 -0.51 -0.6 -0.48 -0.29 -0.445 -0.55 -0.61 -0.71 -0.66 Oscillators Period 14 #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A #N/A -0.046428571 0.075 0.06122449 0.030612245 0.045918367 0.153061224 0.168367347 0.132653061 0.147959184 0.086734694 -0.010204082 -0.047619048 -0.111111111 -0.134920635 -0.216269841 -0.178571429 -0.182539683 -0.138888889 -0.174603175 -0.168650794 -0.170634921 -0.204365079 -0.198412698 -0.202380952 -0.158730159 -0.126984127 -0.076719577 -0.117724868 -0.145502646 -0.161375661 -0.187830688 -0.174603175 Momentum and Oscillators 0.4 0.2 0 Value -0.2 -0.4 -0.6 -0.8 Date Page 15 Momentum and Oscillators Momentum and Oscillators Momentum Oscillators Date Page 16 Correlation and Ratio Date 1/4/1994 1/5/1994 1/6/1994 1/7/1994 1/10/1994 1/11/1994 1/12/1994 1/13/1994 1/14/1994 1/17/1994 1/18/1994 1/19/1994 1/20/1994 1/21/1994 1/24/1994 1/25/1994 1/26/1994 1/27/1994 1/28/1994 1/31/1994 2/1/1994 2/2/1994 2/3/1994 2/4/1994 2/7/1994 2/8/1994 2/9/1994 2/10/1994 2/11/1994 2/14/1994 2/15/1994 2/16/1994 2/17/1994 2/18/1994 2/21/1994 2/22/1994 2/23/1994 2/24/1994 2/25/1994 2/28/1994 3/1/1994 3/2/1994 3/3/1994 3/4/1994 3/7/1994 Price A 6.34 6.14 6.17 6.19 6.09 5.97 5.945 5.94 6 6.07 6.17 6.09 6.17 6.21 6.35 6.29 6.25 6.18 6.27 6.275 6.2 6.29 6.24 6.15 5.97 5.89 5.87 5.805 5.84 5.79 5.83 5.83 5.85 5.77 5.775 5.74 5.64 5.37 5.41 5.58 5.36 5.29 5.18 5.12 5.17 Price B 6.23 6.13 6.07 6.17 6.18 6.13 5.96 6 5.95 6.05 6.13 6.16 6.12 6.47 6.15 6.13 6.03 5.97 5.97 5.99 5.97 5.93 5.93 5.88 5.57 5.985 5.6 5.525 5.55 5.58 5.57 5.65 5.61 5.55 5.48 5.38 5.33 5.035 5.02 5.145 5.12 4.985 5.05 4.95 5.06 Ratio 0.982649842 0.998371336 0.983792545 0.996768982 1.014778325 1.02680067 1.002523129 1.01010101 0.991666667 0.996705107 0.993517018 1.011494253 0.991896272 1.041867955 0.968503937 0.974562798 0.9648 0.966019417 0.95215311 0.954581673 0.962903226 0.942766296 0.950320513 0.956097561 0.932998325 1.016129032 0.954003407 0.951765719 0.950342466 0.96373057 0.955403087 0.969125214 0.958974359 0.96187175 0.948917749 0.93728223 0.945035461 0.937616387 0.927911275 0.922043011 0.955223881 0.942344045 0.974903475 0.966796875 0.978723404 Correlation (R2, alpha, beta) 0.857577912 -0.906811809 1.124709781 Page 17 Correlation and Ratio Best Fit From Correlation 6.223848202 5.998906246 6.032647539 6.055141735 5.942670757 5.807705583 5.779587838 5.77396429 5.841446876 5.920176561 6.032647539 5.942670757 6.032647539 6.07763593 6.2350953 6.167612713 6.122624322 6.043894637 6.145118517 6.150742066 6.066388833 6.167612713 6.111377224 6.010153344 5.807705583 5.717728801 5.695234605 5.622128469 5.661493311 5.605257822 5.650246214 5.650246214 5.672740409 5.582763627 5.588387176 5.549022333 5.436551355 5.132879714 5.177868106 5.369068768 5.121632617 5.042902932 4.919184856 4.851702269 4.907937758 Price B/Price A 1.06 1.04 1.02 1 0.98 0.96 0.94 0.92 0.9 0.88 0.86 Ratio Date Correlation 6.7 6.5 6.3 6.1 5.9 5.7 5.5 5.3 5.1 4.9 4.7 R2 = 86%, Beta = 1.125 Price Price B Best Fit Price A Page 18 Correlation and Ratio Ratio Price B Best Fit Page 19 OnBalVolume Date Price 1/4/1994 6.34 1/5/1994 6.14 1/6/1994 6.17 1/7/1994 6.19 1/10/1994 6.09 1/11/1994 5.97 1/12/1994 5.945 1/13/1994 5.94 1/14/1994 6 1/17/1994 6.07 1/18/1994 6.17 1/19/1994 6.09 1/20/1994 6.17 1/21/1994 6.21 1/24/1994 6.35 1/25/1994 6.29 1/26/1994 6.25 1/27/1994 6.18 1/28/1994 6.27 1/31/1994 6.275 2/1/1994 6.2 2/2/1994 6.29 2/3/1994 6.24 2/4/1994 6.15 2/7/1994 5.97 2/8/1994 5.89 2/9/1994 5.87 2/10/1994 5.805 2/11/1994 5.84 2/14/1994 5.79 2/15/1994 5.83 2/16/1994 5.83 2/17/1994 5.85 2/18/1994 5.77 2/21/1994 5.775 2/22/1994 5.74 2/23/1994 5.64 2/24/1994 5.37 2/25/1994 5.41 2/28/1994 5.58 3/1/1994 5.36 3/2/1994 5.29 3/3/1994 5.18 3/4/1994 5.12 3/7/1994 5.17 Volume On Balance Volume 3999006 3999006 3075719 923287 2323460 3246747 6209960 9456707 5708397 3748310 5300738 -1552428 4926939 -6479367 6464863 -12944230 6068278 -6875952 3258678 -3617274 2891174 -726100 4073025 -4799125 3890608 -908517 3405934 2497417 9214776 11712193 5369476 6342717 3408433 2934284 3321324 -387040 3114005 2726965 4187245 6914210 3009407 3904803 3773133 7677936 4593242 3084694 3625374 -540680 8636959 -9177639 9004589 -18182228 13340720 -31522948 8933627 -40456575 4567221 -35889354 2793384 -38682738 3575689 -35107049 7415198 -35107049 6050078 -29056971 3482516 -32539487 2023069 -30516418 6421500 -36937918 10282890 -47220808 6248422 -53469230 5179704 -48289526 4438267 -43851259 6326746 -50178005 10209010 -60387015 4151576 -64538591 5051820 -69590411 3380987 -66209424 On Balance Volume 20000000 10000000 0 -10000000 Volume -20000000 -30000000 -40000000 -50000000 -60000000 -70000000 -80000000 Date Page 20 OnBalVolume n Balance Volume On Balance Volume Date Page 21