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.

Microcap & Penny Stocks : USTI UNITED SYSTEMS TECH INC -- Ignore unavailable to you. Want to Upgrade?

To: scott bradley who wrote (328)	9/9/1998 7:12:00 PM
From: Jim Bishop	Respond to of 1001

freerealtime.com Also shows no trades today, with the markets long since closed.

To: scott bradley who wrote (328)	9/9/1998 10:55:00 PM
From: Author51	Read Replies (1) \| Respond to of 1001

Posted by Psychopop on September 09, 1998 at 19:43:39: Negative Volume Technical Indicator Definition Negative volume index (NVI) is based on the theory that trading by unsophisticated investors occurs predominantly on days of high volume while sophisticated investors trade during quieter periods of declining volume. Thus, a negative change in volume reflects buying and selling of stocks by those "in the know". NVI is calculated by adding the stock's percentage gain or loss to the previous value whenever the volume drops from the preceding period. Usually, stock prices drop whenever the volume drops. However, when the stock price rises on lower volume days, it is considered very positive. The research of Market Logic supports the NVI theory. The following table shows the calculated performance of the S&P 500 when its NVI was in an uptrend. As can be seen, a strong negative volume index can be very bullish. Trend of NVI Probability Bull Market is in Progress Probability Bear Market is in Progress Up 96% 4% Down 47% 53% Interpretation If the NVI is trending upward, probability favors the stock's continuing to rise. If the NVI is trending downward, it is ambiguous. This is not the first time USTI didn't trade, and probably won't be the last.....Fact is Many BB stocks had low or no volume today.....I suggest you read the above, and take a look at yesterday's trading........GO USTI!!!!!!!!