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Strategies & Market Trends : ZITL, best stock for traders

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To: M. M. Jones who wrote (13)	3/16/1997 3:20:00 PM
From: blast_investor	of 26

OBV is much meaningful than volumn itself. Volumn is deducted from OBV if the price is down, and volumn is added if the price is up. OBV should have same trend as price to confirm the trend. The flatness of OBV during $70 to $30 down period is very suspicious to me thing. If you look at VIAS chart, you will find that OBV tanked as price tanked, big money is leaving VIAS. My interpretation: big money either is very confident to ride out the down turn short term or they have real long time frame. either the trend of down price or the flatness of OBV is wrong. I believe OBV trend is correct. I am maybe wrong. I would appreciate any TA expert to explain the OBV flatness issue. Henry

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