Re: Today's Trading

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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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jcwillis

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Re: Today's Trading

in response to

Re: Today's Trading

Zimmmmy

posted on Jan 05, 2009 07:51AM

OBV is On Balance Volume and relates the Buying-Selling to the Volume.

Usually, and it depends on the market and who is sitting on the sidelines, when the OBV peaks it indicates buying is slowing and sp is topping out. Reverse is true when OBV bottoms.