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Pastimes : Ask da_cheif

MVIS 1.055

-9.1%

3:59 PM EST

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To: da_cheif™ who wrote (567)	3/15/2001 5:03:10 PM
From: Chip McVickar	Read Replies (1) of 8150

>>comon think about volume on a cumulative basis zigin and zagin...if one zig exceeds a previous peak it gets an UP... and vica versa....<< Okay Cheif....! Your answer wasn't what I expected....? My problem, but with some help I've seen the error of my ways. <smile> "Breakout" calculation...Here's what I'm doing...! Using: 1]-- Per Penny Volume (not pure volume) 2]-- Additions and Subtractions are kept within a single day 3]-- Each day carries it's own OBV Questions: At the end of each day's calculation, do I end up with one figure which is either plus or minus and which represents the on balance volume per penny of the total of all 30 DOW stocks? When you say a breakout occurs when the number moves above the previous peak, what previous peak? I thought it was a breakout when the number finally turns plus or finally turns minus, I'm confused? Do I Get It....? Next Post is an Example

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