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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: Ken Adams who wrote (3188)2/20/1999 7:52:00 AM
From: Dr. Stoxx  Read Replies (4) of 39683
 
Ken,

You are certainly right about the discrepancy between WSC and the Big Charts OBV calculations. By all means inquire, and let us know what you find out. Obviously, WSC is showing a very bullish prediction of future price for both AKLM and PCMS, whereas Big Charts is rather moderate.

Analysis ofthe WSC's OBV (whatever it is) does show a fairly consistent predictor of future price movement (the price normally rising or falling to meet the OBV line). So let us know how they are calculating it...

BTW: I am doing some backtesting ofthe Williams %R indicator, and am coming to prefer it to Stochastics for the determination of exit signals (not necessarily entries).

TC.
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