turning point factor ...for agent cooper.. The tpf for a stock...

  1. ssb
    867 Posts.
    turning point factor ...for agent cooper.. The tpf for a stock gives an indication of the momentum and when a top/bottom is near...generally works well for liquid stocks.
    B=total buyers(K) S=total sellers(K)
    X= no.of buyers Y=no.of sellers.

    TPF = Bsquared/Ssquared x Y/X

    @ the moment TPF's are:

    MIM 2.13
    TLS 1.89
    OSH 0.97
    AMP 1.02
    BHP 0.51

    ssb
 
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