Goldminco Consolidated Mining Corp. GMC (was GMO) Message Board

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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)

GMO 0.0121

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Jan 21 4:00 PM EST

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To: RonS who wrote (388)	4/27/1997 10:41:00 PM
From: floj	of 588

To RonS: OBV is a running total of cumulative volume, that shows whether the stock is being bought or sold. It can be started at anytime by adding the daily volume to the cumulative total when price closes up. The daily volume is subtracted from the cumulative total when the price closes down. On days when there is no change in price the cumulative total remains unchanged. I do not believe it is available on Stockwatch. I have been tracking mine manually up until a year and a half ago when I found 20/20 Plus, a charting software that includes OBV as a technical indicator. Mind you I still manually track all the stocks I own. If you are seriously interested in learning about On Balance Volume, I would recommend you read Granville's New Strategy of Daily Stock Market Timing for Maximum Profit. Written by the person who developed On Balance Volume, Joseph Granville. Hope that helps Flo J

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