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Hello
it is Ben not Bob
It is prorierty indicator,, the simple version is if close is > then last
close and ,, the the close is above today's open add today's volume
to buying pressure
if close is under yesterdays close and,, today's close is under today's
open.. deduct today's volume
run it in Ts and compare it to the std obv and SEE the difference
Ben
----- Original Message -----
From: "Alex Bell" <alex_bell@xxxxxxx>
To: "profitok" <realtraders@xxxxxxxxxxxxxxx>
Sent: Tuesday, November 13, 2001 9:44 PM
Subject: Re[2]: [RT] Re: nasdaq byying power
> Hello Bob,
>
> How do you calculate buying and selling power? What formulas?
>
>
> Thank you,
> Alex mailto:alex_bell@xxxxxxx
>
>
> Wednesday, November 14, 2001, 5:26:16, you wrote:
>
> p> The opposite
>
> p> After a small pull back to 11/19-11-21 we should continue MUCH
> p> higher,, as the 10 weeks buying power is above the 10 weeks selling
> p> pressure,,
> p> this is a conservative entry for the 401k and IRA money,, and ENJOY
the
> p> end of the year rally
> p> Ben
> p> ----- Original Message -----
> p> From: <bruce.larson@xxxxxxxxxxxxx>
> p> To: <realtraders@xxxxxxxxxxxxxxx>
> p> Sent: Tuesday, November 13, 2001 1:30 PM
> p> Subject: [RT] Re: nasdaq byying power
>
>
> >> Are you calling this a top here?
> >>
> >>
> >>
> >> --- In realtraders@xxxx, profitok <profitok@xxxx> wrote:
> >> >
> >>
> >>
> >>
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> >>
> >>
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> >>
>
>
>
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>
>
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>
>
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