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Strategies & Market Trends : Technical Analysis With Charts -- Ignore unavailable to you. Want to Upgrade?


To: Bob V who wrote (220)8/31/2004 7:47:16 PM
From: chowder  Read Replies (1) | Respond to of 6865
 
Bob,

BOP had been red about 2 weeks ago and up until about 4 days ago. It then turned yellow which is neutral and turned green today.

Now again, it's not a trigger indicator. It merely confirms a good hammer type pattern that developed today.

Other than that, there isn't anything else that stands out yet. Good volume with a nice candlestick today is a play worth playing, in my opinion.

Nice confirmation with Stochastic and MACD, by the way.

stockcharts.com[h,a]daclyiay[pb50!b200!c20!f][vc60][iut!Lh14,3!La12,26,9!Lc20]&pref=G

dabum



To: Bob V who wrote (220)8/31/2004 8:23:22 PM
From: chowder  Respond to of 6865
 
Bob, if you'll look at the chart that cthruu just posted on HELE, you can see the BOP readings in the middle window. They look like volume bars but aren't. They are BOP readings.

The candlesticks are also color coded based on BOP. The indicator in the same window as the BOP readings is called TSV for Time Segmented Volume. That's another story, I'll keep it to BOP for the moment.

ttrader.com

dabum