crank fest wednesday, page-47

Meat tray is awesome Stu, now I just need a plastic bbq to cook the plastic meat and invite barbie over for a night to remember. < insert sarcastic emoticon here > Next time just give me money.

On the data question,you interpret the data as you would normally, if your time frame is larger than intermediate then the bar will barely register. If you have a short time frame in mind then you really should have intra data feeds, in which case you would act accordingly.

Just a couple of points, having been on both sides of the fence, technicals are played with all the time. Price is easy to tweak a point here or there to make stocks show up on specific scans. Any newbie that comes along gets fed lines along 200 sma's or 8/13 ema crosses, you have no idea how often these more common filters are setup and tweaked just to attract buyers or sellers (more smaller stuff than the large caps). Price can and does lie all the time, volume however is much harder to play with without getting caught on the wrong side.

For a number of years there has been a push, not just to the asx but almost all markets, to release vwap or it's equivalent. ASX has had the ability to release the data since seats was implemented years ago, however they still refuse to release it to retail. Why? Because it shows up examples like the one you've just mentioned, insto's don't like the idea of that. Regardless we'll keep trying to get the data released, in the mean time write an indicator that gives you an average of ohlc, it will help a little.

Cheers