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----- Original Message -----
From: <dominick@xxxxxxx>
To: <nwinski@xxxxxxxxxxxxxxx>
Sent: Monday, March 05, 2001 11:55 AM
Subject: OBV
> Would you be so kind as to give me an example of your VPT calculation?
>
> Thanks,
>
> Dominick
XYZ closed at 50 yesterday. Today it closed +1 @ 51 on 1,000,000 volume.
XYZ moved up (+) 2% on 1,000,000 so one would record and plot 2% X 1,000,000
= + 20,000 If XYZ had been down 2% on 1 mil. then one would record and
plot a - 20,000 .
Additional insights are available by reading the article in the 1970
Encycl. of Stock Market Techniques. In fact, there are about 45 excellent
essays in that book, each one written by an expert on that particular topic.
Check the used book searches on the internet.
Cheers,
Norman
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