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Jim: Intraday tick volume data is available with Quote.com's QCharts.
http://www.quote.com
Brooke
-----Original Message-----
From: Wooglinx@xxxxxxx <Wooglinx@xxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Friday, January 29, 1999 11:02 PM
Subject: Re: TC2000 Time segmented volume
>Bob Bishop and Lionel Issen:
>
>Sorry for the delay in responding.
>
>As to TSV based on EOD data or tick data, I was under the impression from
my
>discussion with Don Worden that the TSV was an indicator proprietary to
TC2000
>and that it was part of the daily download. He did not comment that it was
an
>indicator that could be used independent of their data source using EOD
data.
>OTOH, I have never used TC2000 so I'm in no position to judge. Frankly, I'd
>like a clarification.
>
>Except for the above comments, I know of no other source for tick volume
data
>per se. I suppose someone using a real time data feed could build such a
>collection during the course of the day. My guess is it would take a huge
>amount of storage if you track several hundred stocks at a time.
>
>Accuracy of tick volume versus OBV? I do not know of any studies. But
>intuitively and from many days of watching the tape years ago, tick volume
>should be a better indicator. I can recall one incident years ago watching
>Texas Gulf Sulfur trade when they made the silver strike in Timmons, Ont.
The
>tape moved so fast that it was like a movie. As the volume dried up at a
given
>price you could see the price direction change on a dime. And you knew it
>would go in the opposite direction until the supply or demand dried up for
the
>next reversal. At the time, Dan Tully, who later became president and
chairman
>of Merrill Lynch was a young broker in their Stamford, CT office where I
>traded. FWIW.
>
>Jim Barone
>
>
>
>
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