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Gold/Mining/Energy : marketbrief.com
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To: Paul who wrote (29)3/26/1998 10:33:00 PM
From: marketbrief.com  Read Replies (1) of 246
 
Apparently OBV was a popular indicator used by Joe Granville in the 1970s to assess trend and divergences. I just flipped through Colby and Meyers and I still don't understand it. The old timers at the office have tried to explain it to me, but I'm just too dense, I guess. Personally I use a 30 period weighted MA with candlesticks, volume, a momentum indicator, an oscillator and watch the RSI. Oh, I forgot about the 50 cent plastic ruler to draw lines...the methods I use are simple but they seem to work for me.
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