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artfink

09/12/07 10:45 PM

#263529 RE: loudness #263509

Give me some time to study the formula and I will let you know. I am NOT a chart expert. I dabble. I will get back to you later tonight.
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artfink

09/12/07 11:58 PM

#263548 RE: loudness #263509

CMF...again, I think it is misleading when dealing with pinks. Look at last Friday. Perfect example. We got a BID for the first time in months, had some .0002's but finished at .0001. Because we finished at .0001 the accum/dist number for the day was NEGATIVE, in a BIG way. Last Friday was NOT a negative day in my mind. Had over $200,000 in purhcases, got a bid, hit .0002 and we get a NEGATIVE Accum/dist? I think not. And what did that do the CMF? Well, the 2 billion shares with a NEGATIVE accum/dist basically wiped out the entire previous 21 days stats for the CMF and as you can see has caused a downward trend in the CMF. FALSE indicator if you ask me. Money came into the stock Friday, not out.