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I didn't see the discussion that you mention, but in my work-- Momentum is
the measured result of a price movement based on the degree of Velocity that
was required to produce the result. A good example in the Market is the
common event of Divergence-- based on Price vs. a value produced by a
Momentum indicator-- such as RSI.
I'm sure the math whizzes on the List will have a different technical view,
but that is the practical application of Momentum vs. Velocity that works
for me in the Markets.
______________________________________
At 07:58 PM 10/22/98 -0400, you wrote:
>A while back there was a discussion on momentum & velocity. I never did
>quite firgure out the difference between the two. Is velocity a derivative
>of momentum? Could someone explain?
>
>Thanks,
>
>Mike
>
>
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