RE:RE:Charts
Quakes99!! You said quote "On Balance Volume, It's a measure of sentiment towards selling, when falling, and indicates improving sentiment when rising. It's a very simple indicator which, in my view, gives you a visual picture of the liquidity of the stock. As OBV drops it indicates that many investors have moved out of the stock and there is a lot of liquidity available... and as OBV rises that, to me, indicates that buyers are coming in and taking positions which are reducing the liquidity." end quote! What a bunch of nonsense!!! You had better leave the technical analysis to Mesa1, as your description of OBV is way off the mark. Joe Granville would be ashamed!