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BobR,
What is your "short term"? intraday? or a few to several days? Are you
relating volume to price change or plotting the volume per cent as a
separate line below the price chart? I try to track volume vs. price
direction but haven't tried this particular approach.
Charles Marchand
At 08:20 PM 2/28/01 -0800, you wrote:
>I tried that (U-D)/(U+D) once and it just didn't look good on the short term
>basis. The feel I got was that comparing this period with a period years
>ago and using the normalization made a lot of sense, but it just seemed to
>cut the edge off the volume emphasis day to day. In the short run the total
>volume and total issues don't change much. In the long run they do.
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