Befriend the Trend Trading Message Board

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Strategies & Market Trends : Befriend the Trend Trading

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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To: Dr. Stoxx who wrote (3187)	2/20/1999 7:03:00 AM
From: Ken Adams	Read Replies (1) of 39683

TC, Here's a link I just discovered that shows OBV on PCMS looking like it does on my WOW chart. PCMS: bigcharts.com I think I'll email the folks at WSC and ask how they calculate theirs. It's certainly unlike anything I've ever seen that was called OBV. Just for grins, I put about 6 months of daily volume data for PCMS into an Excel spreadsheet. It looks just like this chart and my WOW, but it sure doesn't resemble WSC. All of this aside, however, OBV really hasn't fallen off much in spite of the 35% drop in price. I think I'll try another limit order for Monday. Put it in a tick above yesterday's high. Ken

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