question, page-17

re: re:dingo.. are you baying at the moon ! Dingo,

Re your rrs chart & your comments/explanations.

As someone who has been aware of charts for very many years ( and I might add, someone who uses them vary cautiously )

I have 2 questions


1/ How can your metastock tell you it had a bearish day but ended on a bullish high..
A cande chart uses the open & close & plots it accordingly... Higher close than open = white or green
Lower close than open = black or red (depending on the charting package)

2/ Your second statement " more selling than buying " has me even more puzzled.

The volume of sales for the day is exactly that.
This volume means X were sold & X were bought, the buys must EXACTLY match the sells... as if there is not an exact match-up no sale occurs.....There cannot by definition be more buying or selling.
They are EQUAL.

Cheers

Bendigo