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Technology Stocks : TAVA Technologies (TAVA-NASDAQ)
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To: Kal who wrote (12672)3/17/1998 5:12:00 PM
From: Steve Woas   of 31646
 
Kal,
Here is a definition from the Web:
"OBV (On Balance Volume)
Technical Analysis method that tries to pinpoint when a security's shares are being accumulated (being bought) or are being sold. The on balance volume line and the stock price line are placed on one chart. When the two lines cross, the analyst considers it to be meaningful. When the chart indicates that a security is being accumulated, it is considered a buy signal and when being distributed, a sell signal. "
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