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Strategies & Market Trends : ZITL, best stock for traders
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To: Ed who wrote (12)3/16/1997 1:41:00 PM
From: M. M. Jones   of 26
 
Henry, I have just reread your posts and see that the OBV is your indicator that the big money has not left Zitel, and you specifically mentioned what I had already noticed that the OBV has been stable even during the plunge from 70 to 30.

So, what does "On Balance Volume" mean? What is it showing? (It obviously is not showing actual volume. Does it have some way of showing the percentage of large trades, or something like that?)

Thanks,

M.M.
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