V.14:6(265-270) Enhancing On-Balance And Negative Volume - by Phillip C. Holt
ARTICLE SYNOPSIS ...Here's a new technique that can be used to identify when on-balance volume or negative volume is indicating something notable about the direction of the New York Stock Exchange Composite Index. If your objective is to keep the bear away from the door, this may help. By Phillip C. Holt
Analysts have mined the relationship between price and volume for decades. Joseph Granville,
Marc Chaikin, Richard Arms and Norman Fosback, to name only a few of technical analysis'
all-stars, have studied the relationship in depth. On-balance volume, accumulation/distribution,
ease of movement and negative volu...