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Strategies & Market Trends : TC2000 Users Technical Analysis Forum

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To: Judy who wrote (2513)	11/24/1999 2:00:00 AM
From: RC Stein	of 3291

Concerning the BOP indicator. Worden says that "BOP is an indicator of SYSTEMATIC buying or selling". I wonder what the definition of "SYSTEMATIC" is. Are they monitoring block trades? If the price is coming down, there is more sellers than buyers, but if BOP is green and rising at the same time, it must be looking at something else. He also states that BOP is an "inside glimpse of INFORMED accumulation or distribution". I'd like a definition of INFORMED also. Wonder if they are talking about institutional block trades here ??? In other words, the price may be coming down because of selling pressure, but the smart money, institutional traders, are buying in blocks as the price becomes more attractive, but not buying so much as to turn the price back up. RCS

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