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Re: CancunCharlie post# 47052

Tuesday, 02/08/2011 11:27:27 AM

Tuesday, February 08, 2011 11:27:27 AM

Post# of 83075
I'm the resident Numb. Hahaha
Accum/Dist takes the range each day and looks at the end of day price.
Egggzample:
SPCG might trade .0017 to .002 and the mid-price is .00185.
If the end of day price is .0019, the Accum/Dist line goes up.
Any price above .00185 is going to send the Acc/Dis higher.
It's working on the idea that there's a battle between the buyers and sellers with the buyers winning.
People buy at the ask because they want shares and they want them NOW.
Or there's guys like me who don't mind waiting for a bottem.
Call me a bottem feeder.