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V. 22:3 (10-14): Letters To S&C by Technical Analysis, Inc.
V. 22:3 (10-14): Letters To S&C by Technical Analysis, Inc.
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V. 22:3 (10-14): Letters To S&C by Technical Analysis, Inc.
ON-BALANCE VOLUME
Editor,
I enjoyed D.W. Davies January 2004 article, Daytrading With On-Balance Volume. As a point of reference, I need to point out that while Joe Granville (for whom I have utmost respect as a technician and friend) popularized the term on-balance volume, the idea was originally called cumulative volume and was presented in a course written by Woods and Vignolia in San Francisco in 1946.
LARRY WILLIAMS
Thank you for pointing this out. Its always important to know history. . .
ON-BALANCE VOLUME
Editor,
I enjoyed D.W. Davies January 2004 article, Daytrading With On-Balance Volume. As a point of reference, I need to point out that while Joe Granville (for whom I have utmost respect as a technician and friend) popularized the term on-balance volume, the idea was originally called cumulative volume and was presented in a course written by Woods and Vignolia in San Francisco in 1946.
LARRY WILLIAMS
Thank you for pointing this out. Its always important to know history. . .
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