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When I tell people that Volume is ahead of price by
2-4 days they look at me like I Have 2 heads,
But when I give them the example of a garden hose
,that has or does not have pressure in it, makes the deference to how far
the water will reach, and the same with volume for stocks
but it must be up volume(close up and above the
open, with 20%above aver volume)
Ben
<BLOCKQUOTE
>
----- Original Message -----
<DIV
>From:
<A title=johngalt1234@xxxxxxxxx
href="">Eugene
To: <A title=amibroker@xxxxxxxxxxxxxxx
href="">amibroker@xxxxxxxxxxxxxxx
Sent: Saturday, April 26, 2003 9:54
PM
Subject: [amibroker] Re: Acceleration
index?
I think we are missing the point here. I never intended
volume to be afactor. The example that I am giving here is like that of a
car. Inorder to climb a slope it needs speed and Gas. If the Gas runs
outbefore optimum speed obviously he will not make it to the top.
Theoptimum speed is determined by the previous time the same thing
wasaccomplished. So in a sense the time it took to say get a
previousrise of 20% could be compared to current price action as see if
the20% rise is achievable this time. Just my
thoughts.In amibroker@xxxxxxxxxxxxxxx, "dom1_1998"
<dominick@xxxx> wrote:> Hi Leif:> > How much of a
help was your indicator to you? I imagine you could> also use On
Balance Volume as well. I've done that but I didn't find> it much
help. > > I'm guessing you're referring to end of day
data. Unfortunately to be> accurate the data should be
intra-day. > > DominickSend
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