SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Strictly: Drilling II
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bert who wrote (25839)1/16/2003 11:22:02 PM
From: Little Joe  Read Replies (1) of 36161
 
Bert:

If you are referring to the Dollar Index in Worden Charts. Watch out, because I think you are misintepreting what you see. TSV, BOP and Money Stream, as I understand it are designed to measure underlying accumulation. However volume is a component of the calculation. The dollar index, like most of the indexes he uses, such as HUI, CRB, etc do not have a volume component. If you have doubt as to whether a particular index has volume associated with it, just display volume bars on the chart and you will see that the bars are all of equal length. This tells you that there is no recorded volume in that index. Obviously if there is no volume the calculations for TSV, BOP and Money Stream are of no value. That is one reason that I use Worden's gold index which does have volume associated with it as one of the important indicators when I am working with gold.

Hope this helps.

Little joe
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News