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Re: bayarea post# 37997

Monday, 08/23/2010 2:21:02 AM

Monday, August 23, 2010 2:21:02 AM

Post# of 46576
I wouldn't rely on that A/D line.


I'm sure this will turn into an arguement so if someone can just answer these questions. You're better than I am.

If you look at the one year chart. The A/D line has uptrended steadily since November. Even during sell offs? During large swings in volume from one extreme (high) to another (low)? It hasn't moved?

It's a "ghost" line, not uncommon on pinks. I'm not saying it is/hasn't been under accumulation. Just that you can't trust that chart.