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(fwd) Re: Volume/Open Interest?



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Bob copied the list with these notes.  As they're too large for the list,
I've put them on the ftp site.
ftp://ftp.eskimo.com/u/j/jimo  in file: vol+oi.doc
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-------------forwarded msg----------------------
Message-ID: <35B74EDC.6D583FEF@xxxxxxxxxxxxxxxx>
Old-Date: Thu, 23 Jul 1998 09:55:24 -0500
From: Bob Hunt <RHunt.066@xxxxxxxxxxxxxxxx>
To: FrankKaeb@xxxxxxx
CC: omega-list@xxxxxxxxxx
References: <656be1f3.35b54175@xxxxxxx>

FrankKaeb@xxxxxxx wrote:
> 
> What role do indicators based on the above play in people's trading systems?
> As a lurker (who will hopefully start trading soon) I noticed that most
> systems and codes posted ignore these completely.  Are they not worthwhile?
> If they are, what are the best ways to use them?
> 
> Thanks
--------------------------------------

Attached are notes from the book "Volume and Open Interest" by Ken
Shaleen. Although I generally day-trade the bonds, I've found that
volume and OI analysis can help with the bigger picture.

Bob Hunt