Originally Posted by
mscott
Pablo, LER is large effective volume ratio and Supply is Pascal's Supply Indicator that relates to the probability that shareholders will sell their shares. What Pascal has discovered is that stock with small Supply and large LER tend to correlate well with stocks that advance over a longer period of time. Since buying longer term is the focus of my trading I wanted to bring these values into focus for a universe of stocks that have good fundamentals which I find correlates well with longer horizon investing. These columns are experimental at this stage. As an example of how they might be useful PCLN has 0 supply and an LER of 103.6. If PCLN issued a volume alert trigger I would be extra interested.