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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: ggersh who wrote (241252)3/17/2010 6:08:57 PM
From: LTK007Read Replies (1) of 306849
 
Check out SPX500 MFI(set to 14), i have it hitting its 2nd highest high in over 10 years---the #1 high was on first day of trading in 2004.
Reading on Daily today i have as 92.5(maybe higher)

For those that might not know--MFI stands for Money Flow Index.

i would just hazard the SPX financials are sucking in money, to get this elevation.Max
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