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To: joe inti who wrote (374)6/22/1998 3:44:00 PM
From: Scott Ozer  Respond to of 608
 
Lower highs and lower lows is not good>eom



To: joe inti who wrote (374)6/22/1998 6:57:00 PM
From: Jan Robert Wolansky  Read Replies (1) | Respond to of 608
 
Joe, On Balance Volume is a cumulative running total of volume. On days when the close is higher than the prior day's close, the volume is added to the total. When the close is lower, the day's volume is subtracted from the total.