CAT Tool Updated

It was pointed out to me that the prior CAT tool is really making a plot of On Balance Volume. I called it Advance / Decline, but it’s not really doing that in the official sense of the term. Anyway, it was also pointed out to me that 5 million shares of a biotech bomb move this indicator just as much as 5 million shares of GOOG, which is right, of course. So I added another file in my CAT tool release, called “CAT_DollarWOVB.xls”. It’s a dollar-weighted On Balance Volume calculation. This way, the 5 million shares of biotech bomb at $1.20 isn’t as important as the 5 million shares of GOOG at $525.

Download the “CAT_TOS_DDE_Recorder.zip” at “Released Tools” to get the update.

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One Response to “CAT Tool Updated”

  1. Fergal Says:

    thanks for doing that Prospectus, thats brillant figured out that my internet ws turned off by mistake, worked perfect today.

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