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Is that volume flow indicator you refer to the same as
or similar to on-balance volume, or is it more like
Worden's Balance of Power (BOP)?
Jerry Rehert
--- Pete <plieber@xxxxxxxxxxxxx> wrote:
> I never made a stock transaction without first
> consulting volume indicators.
> Most of the time they are in sync with the
> underlying security. The stock
> goes up, the indicator is up. I really take notice
> whenever divergences
> take place. Right now I see very positive
> divergences in the DJ-30 and the
> OEX. We had a positive divergence in the NDX, but
> yesterday's huge rise in
> the NASDAQ brought the stock more in line with the
> volume indicator.
>
> With you fellows being such a tough crowd one hates
> to make predictions of
> any sort, BUT it looks like the big cap guys (DJIA &
> SP-100) are going to
> take off.
>
> Attached are charts of OEX, NDX, & DJ-30 with volume
> indicators. By the way
> the volume indicators are cumulative weighted totals
> of the 75 top cap
> stocks in the OEX & NDX (cap weighted) and the 30
> stocks that makes up the
> DJ-30 (price weighted).
>
> Pete
>
>
>
>
> ATTACHMENT part 2 image/jpeg name=NDX14.jpg
> ATTACHMENT part 3 image/jpeg name=DJ14.jpg
> ATTACHMENT part 4 image/jpeg name=OEX14.jpg
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