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Old 02-12-2007, 07:23 AM
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Re: TPO count

When the TPOs are more plentiful underneath the POC, it's showing that there are more buyers at those prices because price is stopping and filling there. When there are more prices above the POC, it is showing that more people are selling off their shares/contracts above the POC, so sellers are in control. A TPO count like 16/25 would show that buyers are in control, buying more at the lower end of value because they feel that it is just that....undervalued.

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