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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Joe Stocks who wrote (17)2/3/2002 3:01:53 PM
From: Dan Duchardt  Read Replies (1) of 787
 
Joe,

Two weeks ago on another board I posted about the nas volume that showed there were 7 time more down volume than up for that week

How are you calculating this? Indicators like On Balance Volume generally approximate things by attributing all volume in one time period to Up or Down, and thus are subject of potential distortion of the result in any single time element. They rely on the probability that such events are random and will average out over time. Are you looking at the volume for every tick, some intraday time period, or what?

Good luck with the thread.

Dan
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