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you are looking at 3-4 weeks
you must look at 200-300 days
then you see the major difference
Ben
----- Original Message -----
From: "Alex Bell" <alex_bell@xxxxxxx>
To: "profitok" <realtraders@xxxxxxxxxxxxxxx>
Sent: Wednesday, November 14, 2001 12:15 PM
Subject: Re[4]: [RT] Re: nasdaq byying power
> Hello Ben,
>
> I apologize for misspelling your name.
>
>
> As for indicator, thank you for explanation, but frankly I found no
> much difference with OBV - see attached. The code that produced it:
>
> =======================
> var: bp(0);
>
> if BarNumber=0 then bp=0;
>
> if c>c[1] and c>o then bp=bp[1]+v;
> if c<c[1] and c<o then bp=bp[1]-v;
>
> Plot1(bp,"bp");
>
> =======================
>
> Best regards,
> Alex mailto:alex_bell@xxxxxxx
>
>
> Wednesday, November 14, 2001, 7:07:06, you wrote:
>
> p> Hello
> p> it is Ben not Bob
> p> It is prorierty indicator,, the simple version is if close is > then
last
> p> close and ,, the the close is above today's open add today's
volume
> p> to buying pressure
> p> if close is under yesterdays close and,, today's close is under
today's
> p> open.. deduct today's volume
> p> run it in Ts and compare it to the std obv and SEE the difference
> p> Ben
> p> ----- Original Message -----
> p> From: "Alex Bell" <alex_bell@xxxxxxx>
> p> To: "profitok" <realtraders@xxxxxxxxxxxxxxx>
> p> Sent: Tuesday, November 13, 2001 9:44 PM
> p> 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
> p> the
> >> p> end of the year rally
> >> p> Ben
>
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