David G |
Gold User, Member, TeleChart
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Registered User |
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Unsure |
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Friday, January 21, 2005 |
Monday, March 16, 2009 10:21:01 PM |
2 [0.00% of all post / 0.00 posts per day] |
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InvestOverTime
If you are a potential buyer and looking at conflicting indicators the best course is just hit the spacebar and move on. But, I know, it is somehow all a little ....... dissatisfying. And, if you already hold the stock you don't have that easy cop-out, you have to make some sort of a decision.
Now, the indicators. By my observations, MoneyStream is influenced more strongly by price movements than TSV is. TSV is influenced more strongly by volume than MS is.
The ININ price chart shows a generally rising price pattern with rising MoneyStream. The volume chart shows a generally falling volume pattern from Feb to early May with declining TSV. May help to explain the conflict.
Personally I think both inicators over that period are so vague I would not attempt to deduce anything from them.
Cheers
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Worden bulletin titled What's new in Telechart 2005, March 2005, has a paragraph with the above heading. I cannot find these although I can find the stock charts, sectors, news etc. Where do I look please. Thanks
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