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Non-Tech : Invest / LTD -- Ignore unavailable to you. Want to Upgrade?

To: shasta23 who wrote (10446)	11/2/1999 12:50:00 PM
From: drsvelte	Read Replies (1) \| Respond to of 14427

Hi Stefan! Accumulation/Distribution indicators..... I really use two sets of these, depending upon whether I'm looking at a position trade of a few days to a few weeks or a day trade. For position trades, I've found the proprietary indicators of the Worden Bros. (TC2000) to be very useful - BOP, money stream, time segmented volume. First I screen for stocks that are well off their highs but showing strong accumulation. What I look for are divergences between recent price behavior and these indicators. I also use IBD's accumulation rating as a confirming indicator and I also look at OBV. For example, SNDK is well off its high, but showing good accumulation with TC2000 indicators and a B rating from IBD. Look at the IQC chart...while the price is diving, OBV remains strong. And the MACD histogram is improving. iqc.com Over the last month, VIGN and EXTR have shown strong accumulation on these indicators and the price of VIGN has recently soared. These indicators don't always work, of course. Last summer, BOP was showing good accumulation on ELNK, but it continued to slide down. For shorter term day-type trades, I like the Trade Volume Index and again look for divergences. I also watch the money flow index. There is an interesting article in the most recent Stocks & Commodities which discusses the use of money flow and the mass index.