Forum Archive Index - September 2003

["david.gibson" <david.gibson@k.co.nz>]

I performed a number of stepwise multiple regression studies in the mid 80's on a 20 year database of selected Dow Jones stocks.  I attempted to correlate on-balance-volume with future stock and index price trends and Box-Jenkins smoothed moving averages of the same.

 

At the level of mid to long term price prediction - came up with no significant correlation.

 

The indicator was extremely fashionable, in the US, in the early 80's - don't know how it is used these days.

 

Best Rgds

David

-----Original Message-----
From: sharechat-owner@sharechat.co.nz [mailto:sharechat-owner@sharechat.co.nz]On Behalf Of seconds
Sent: Thursday, 18 September 2003 13:55
To: sharechat@sharechat.co.nz
Subject: Re: [sharechat] INL.ASX - what is going on here

whats wrong with OBV?

----- Original Message -----

From: david.gibson

To: sharechat@sharechat.co.nz

Sent: Thursday, September 18, 2003 1:46 PM

Subject: [sharechat] INL.ASX - what is going on here

Cris recommended Intec on the ASX a month or so, ago.  (INL.ASX)

 

Looks like someone is making a move here - price moving up on volume.  NB Please do not confuse me for an on-balance-volume fan =/

 

Anyone know what is going on here?