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thecon00

02/14/10 6:47 PM

#88431 RE: zigzagman #88429

if u get any info can u let me know?

here is what i got so far:
I can help you with what i have learned - but its a FWIW. The OBV is a "buying" indicator and the accumulation is a "holding' indicator so to speak. IF they match up- thats so much the better.

If I see one whose OBV and volume are UP but th accumulation is down - I pass. What it can mean is that there is selling of new shares into the rally and of course the PPS does not rise commensurate with the buying volume.
i like to watch the CCI and the CMF both going up together- one giving agreement to the other.
accumulation -IMO- is one of the most important things to watch - IF its going up nicely it signals peeps are holding and due to confidence and it typically means bullish sentiment and a rise in the pps. I hope that helps.

and of course volume is the fuel for any move.

... and here is why i asked the question; the reason for the question is that i read an 80pg article on dndn, dendreon. apparently the stock was grossly naked shorted for a substantial period of time as was reflective in them being on the reg-SHO list for an extended period, sometimes over 9 million failures to deliver in a single day!

what concerned me was that CMF and the Ammum/dist picked this up and both showed the stock was being grossly sold off. the obv line is almost a mirror opposite of the ammum/dist line, even on an 8 year chart!

if u check it out, or the dendreon article let me know what u think, thanks again - con