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Technology Stocks : Thermo Tech Technologies (TTRIF)
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To: Lawrence Burg who wrote (4015)4/24/1998 10:13:00 PM
From: DDS-OMS  Read Replies (2) of 6467
 
Larry,

I believe that the OBV is arguably on of the better price/volume or flow of money indicator--but I still don't use it for anything but confirmation of trend or of other more favored indicators. One tip--superimpose the OBV on top of the price chart instead of in a separate window. You have to have 10-12 months loaded, then the divergence since the first of the year is more striking. If load only a few months, don't see much. Best view seems to be window containing June 97 to present. Some others that show wide divergences are UAG (takeover rumor), SPLH, TSAI, ADEX, ALTR. No recommendations --just examples.

Regards,
Gary
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