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Re: Option Cowboy post# 4

Saturday, 02/16/2008 7:16:30 PM

Saturday, February 16, 2008 7:16:30 PM

Post# of 42
Option Cowboy, the On Balance Volume measures the movement into or out of a stock. For instance the OBV for LLEG when it hit .0025 a short time ago was 448 million it now is 65 million reflecting the movement out of the stock by around 400 million shares. It would seemingly mean that the stock is not being strongly accumulated but with a sub penny pinkie it might not mean a thing.