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Strategies & Market Trends : Joe Stocks Trader Talk

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To: Dan Duchardt who wrote (33)	2/3/2002 4:50:47 PM
From: Joe Stocks	Read Replies (1) of 787

Nas Volume- Dan, Thanks. The nas volume I reported was the weekly volume as shown in my local paper. You bring up a good question- how is it figured? My assumption was it was an accumulation of 5 days but after totaling the 5 days trading individually the numbers did not match but the percentage and ratio was near the same. I going to assume that it is figured like OBV. If the equity's stock price was down for the week, then all it's volume was counted as down. By comparing the individual days and the weeks total I'm going to go with that until proven otherwise. Taking four weeks, averaging, and looking at the ratio's, I think one would still assume that we have had a fair amount of down volume as compared to up or distribution. What do you think? Joe

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