Letters To S&C | OCT 2007
Letters to S&C by Technical Analysis, Inc.
Letters to S&C by Technical Analysis, Inc. BETWEEN PRICE AND VOLUME Editor, I would like to thank Buff Dormeier for his wellwritten and insightful article, “Between Price And Volume” (July 2007). I have two questions for the author regarding the volume-price ratio (VPR) and normalization: 1) If the purpose of the VPR is to “accentuate the VPC+/- relative to the shortterm price-volume relationship,” it seems that the formula (VPR = VWMA/ SMA) should be flipped (VPR = SMA/ VWMA) when the closing price is below the SMA and the VWMA. As it was presented, the VPR would accentuate the VPC when the WVMA closely follows (more than the SMA) rising prices, but would actually decrease the VPC if the WVMA closely follows falling prices.
by Technical Analysis, Inc.
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.