Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Nuvo Research Inc -- Ignore unavailable to you. Want to Upgrade?

To: Cal Gary who wrote (8450)	1/17/2002 4:13:47 PM
From: axial	Respond to of 14101

Hi, Cal - "the Three A's are "calibrating" their activity to allow the price to rise incrementally. 100% agree with that statement. At least for today." The price rises since Sepember have all occurred in the absence of 3 A's trading. When it "ratchets up", (price and volume) they step back in, and start shorting. But they never drive the price back to, say, $3.70 - though obviously, they could. They consistently set a new "plateau" and price channel, and work from that. "I regard the TA as somewhat artificial, but that's just MO To me TA is the facts, accumulation and distribution of shares. However, the interpretation of the facts is subjective. Volume is the key for proper analysis." Agreed about volume, and interpretation. If one accepts the truth of the preceding paragraph, the Three A's activities are being adjusted to fit trading realities. I don't know what would happen to their plan if someone decided to dump a million shares, for some reason. "Even if the 3A are at it, this is distribution.". Agreed. But when the 3 A's are not at it. it's accumulation - every time, without fail. "We want more news, we want more news, ..." Wolf K. The watched clock moves slowly. More news, yes! Jim

To: Cal Gary who wrote (8450)	1/17/2002 11:30:10 PM
From: axial	Read Replies (1) \| Respond to of 14101

Hi, Cal - I note you are an occasional poster on Cush's thread. I have a question for you, and any other poster that uses Canada Stockwatch. I'm seeing an anomaly in daily and monthly OBV as reported on their Java charts. Tracking today (17th Jan) OBV on the real-time Java chart, OBV at the last trade was -10,325 ie., 10,325 more sold, than bought. Reading OBV on the Java one-month historical chart, two things to note: 1 - OBV for the month is UP strongly - indicating accumulation (ie., more shares bought than sold) - OBV as of 2 Jan is +268,386 (!) and as of 17 Jan is +464,084. 2 - OBV difference between 16 and 17 Jan on the monthly Java chart shows [(464,084) - (381,669)] = +82,415 Therefore the monthly historical Java chart is showing OBV of +82,415 on the 17th, and the daily Java chart is showing -10,325 on the same date. Furthermore, the monthly OBV strongly suggests accumulation. This is (duh!) the opposite of what the Accumulation/Distribution lines are saying. Something is wrong, here. Does anyone have any ideas? Is it related to the Three A's short sales? Are they not being reported in monthly OBV? Regards, Jim