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To: Jill who wrote (45053)10/17/1999 10:01:00 AM
From: Cooters  Read Replies (1) | Respond to of 152472
 
<<how do you know whether they were bought or sold>>

Jill,

You can use changes in open interest to determine whether the volume represents opening a position, closing a position, or just changing hands. However, the volume still represents at least one speculator, which is the intent of the indicator.

Cooters



To: Jill who wrote (45053)10/17/1999 4:37:00 PM
From: Perry Ganz  Read Replies (1) | Respond to of 152472
 
Jill More imfo on VIX
decisionpoint.com
lots of answers on TA at decision Point
Perry