Posted by: MaryKateAustin Date: Saturday, May 16, 2009 2:27:18 AM
In reply to: mastaflash who wrote msg# 2587 Post # of 2589
Good Morning MFlash ... This is my Observation:
I have been trading for years, and have realized the three indicators below work in the way explained below. You will only know if these work the way i use them by experience, there is no book or web site to learn about this.
I use the three indicator below to track the Buy/Sell of the different sectors of investors in a stock, their actions on the chart coincide with the actions within these three different sectors of investors/traders:
OBV = Registered share Buy/Sell .. Insiders, big share holder investors(institutional, etc) and Registered shareholders (that is; individual shareholders with more than 5% holdings in the company).
Accum/Dist = over the counter individual Retail shareholder Buy/Sell with less than 5% of the company stock.
ChiOsc = those who control the stock PPS and chart actions, that being MM Buy/Sell.
These three technical indicators have explanations on StockCharts.com and other places, that tell what they do technically, but they also work to track the buy/sell sentiment of the different sectors of shareholders.
