Replies to post #24 on OTC-BB Index (fka OTC-Ind)

[Ruellit]

Good Morning DD,
I'll stay the course with the ten day average for an index of OTCBB stocks. Other indexes use a much longer time period for volume stats, with the OTCBB volatility I'd think the shorter time period would give a more accurate accounting.

muell <g>

[Koikaze]

DD, I think you have suggested the best, the simplest and the cleanest method separating the wheat from the chaff. An extended (100-day, perhaps) moving average of (price times volume) might work.

Nahhh, maybe it depends on what you are trying to do. I have a bias toward more substantial companies, but that may not be the desire of folks who like the REALLY cheap ones.

Fred

[Francois+Goelo]

>>> Jerome, very good point...

Rather than focussing only on volume, it's the value of the shares transacted that is Significant: similarly, the number of shares in a company is meaningless, what counts is the Market Cap...

FG

[tsquare21]

Bernard looks good so far

would like to comment on dotcoms volume price ideas. Why dont you try to devide the price of the stock into the daily volume. This will give a stock with .25, 25% of it volume for the day. A stock with a price of $2 will have a volume count of double. and of course AMJC with a volume of 100 mill will have 100 thoundands of there volume. Now we have an even playing field.

Now all you have to do is figure out how to use the volumer and price to come up with the weighted formula for your indicator.

My ideal for this would be to average the total for bbs over say 5 days. then divide the total (or percent of total) into the volume of stock and with the number, you multibly the rise or fall diference for each stock.

Try this one

Have fun with this one, Though The second part may be on the right track it won't work as it stands, will have to thing about it and get back to you.

benard one question, why won't a simple add and subtract work as I mentioned in pluse daytrading room?