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BOP Question

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rodneyd

Posted : Friday, February 10, 2006 12:34:53 AM

Registered User
Joined: 5/24/2005
Posts: 16

BOP tracks consistant buying of large blocks of shares, What are those large blocks? 5000, 7000, 10000 etc. blocks? larger?

Thanks.
Rod

Craig_S

Posted : Friday, February 10, 2006 9:09:40 AM

Worden Trainer

Joined: 10/1/2004
Posts: 18,819

BOP does not have access to the tick data so your statement above is not accurate.

I recomend reading some of these topics:

Basic Info on BOP, TSV and MoneyStream

BOP

- Craig
Here to Help!

rodneyd

Posted : Friday, February 10, 2006 1:27:06 PM

Registered User
Joined: 5/24/2005
Posts: 16

Craig S.
Please see the first line of the second paragraph, this is what I meant, accumulation.

BOP tells you whether the underlying action in the trading of a stock is characterized by systematic buying (accumulation) or systematic selling (distribution).

Bruce_L

Posted : Friday, February 10, 2006 3:24:13 PM

Worden Trainer

Joined: 10/7/2004
Posts: 65,138

I don't know the formula for BOP (it is proprietary), but the block size of trades cannot be part of the calculation of the systematic buying (accumulation) or systematic selling (distribution) of BOP because this information is not available to TeleChart for use in its calculation.

-Bruce
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