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To: david simns who wrote (16281)4/28/1999 5:57:00 PM
From: cgstocks  Read Replies (1) | Respond to of 22810
 
OT---Off Topic..
Be ready to ride the coattails of MDIN...I sure am...



To: david simns who wrote (16281)4/28/1999 7:01:00 PM
From: Grant Movold  Read Replies (2) | Respond to of 22810
 
Hey jazz time to calm down abit and relax.
OT = off topic
OBV = On Balance Volume
On Balance Volume

Description
On Balance Volume is a running total created by adding volume to a sum when price change is up and subtracting volume when price change is down.

Formula
Until N periods have elapsed, the volume for the first period is subtracted from the accumulator.

Change = Price - Price N Periods ago

If Change > 0,
Accumulation = PV Accumulation - Volume

The calculation is also adjusted by subtracting the plus or minus volume N periods ago.

Hope this helps and while we're at it ROTFLMOA
rolling on the floor laughing my a** off

Regards

Grant