Saturday, February 20, 2010 5:29:41 PM
VWAP takes care of attempts of 'painting the tape' (either up or down) and provides a far more accurate means of measuring the real price trends of a stock.
It's really a shame that charts are not based upon VWAP instead of closing price. If one wants, it is very easy to make your own VWAP chart using MS Excel.
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