Hi Ox, Here is a list of my new MO MO ; Follow the Money stocks.. ------------------ Symbol Last Trade Chg Value Change Volume Avg Vol Gain Value Shrs Trade Date Notes ^IXIC Apr 7 4446.45 +178.89 - +4.19% N/A N/A - - - - - - ^OEX Apr 7 821.52 +7.43 - +0.91% N/A N/A - - - - - - INTC Apr 7 136 13/16 +7 $238.00 +5.39% 25,679,900 25,118,544 $0.00 N/A $4,651.62 34 7-Apr-00 - MSFT Apr 7 89 1/16 +3 1/16 $85.75 +3.56% 41,314,100 31,800,180 $0.00 N/A $2,493.75 28 7-Apr-00 - QCOM Apr 7 152 1/4 +13 1/8 $354.38 +9.43% 15,733,600 18,201,000 $0.00 N/A $4,110.75 27 7-Apr-00 - QQQ Apr 7 106 5/8 +4 1/8 $107.25 +4.02% 20,645,500 N/A $0.00 N/A $2,772.25 26 7-Apr-00 - ORCL Apr 7 87 1/8 +4 15/16 $108.62 +6.01% 23,382,300 25,407,772 $0.00 N/A $1,916.75 22 7-Apr-00 - DELL Apr 7 55 3/16 +3 5/8 $68.88 +7.03% 35,047,300 34,908,228 $0.00 N/A $1,048.56 19 7-Apr-00 - AOL Apr 7 68 3/4 +3 7/8 $69.75 +5.97% 16,168,300 27,689,864 $0.00 N/A $1,237.50 18 7-Apr-00 - CSCO Apr 7 74 15/16 +3 1/8 $56.25 +4.35% 44,891,400 24,272,454 $0.00 N/A $1,348.88 18 7-Apr-00 - JDSU Apr 7 121 7/8 +10 3/8 $155.62 +9.30% 16,146,700 12,493,909 $0.00 N/A $1,828.12 15 7-Apr-00 - SUNW Apr 7 98 13/16 +6 1/8 $91.88 +6.61% 13,557,700 15,371,500 $0.00 N/A $1,482.19 15 7-Apr-00 - LU Apr 7 59 3/4 -2 1/4 -$29.25 -3.63% 12,523,600 22,190,864 $0.00 N/A $776.75 13 7-Apr-00 - WCOM Apr 7 42 3/4 +1/4 $2.75 +0.59% 25,994,500 25,240,090 $0.00 N/A $470.25 11 7-Apr-00 -
----------------------------------------------- To any one who hasn't followed my past post. The selections change over time, The pecking order is based on average $ Dollars traded ie price X avg 3 month volume.
Market cap don't mean a thing in respect to this, price change is weighed against the amount of dollars traded much like regular TA.. The twist is These are the stocks trading the MOST Dollars, so it's like tracking the money flow but in real time.
The picks are "only" to track how the BIG money is moving..smart money they arn't, but no matter how smart smart money is it can't fight BIG money.. This is the flow of BIG money.
AT tops you may see the prices UP, but the money flow slow or even below AVERAGE, today the flow was just above average however the prices seemed to go up more than the flow would indicate..a fair day but a cautious one. At bottoms A lot of money Flows and the prices just inch up. --------------- If you see a lot of money ( 1.5 to 2 times average trading and the market is moving up or down then the trend will last several days Jim other notes strong money moved into MSFT today..as well as CSCO, SUNW and QCOM were up but not on strong money. LU was down and needs more volume to base, but could be getting close..Wcom has been basing & unless the general market sells off she should follow MSFTs lead. AS of late INTC has been the most dominate in $ dollars traded and for the time being is 20% more important to this index than MSFT is. -------------- Last if this index moves up or down in contradiction to the regular index "after a trend has been in place" then it's time to place bets.
opps, my best guess on qqq is 26,000,000 avg volume since she split, anyway she does qualify to be a part of the the MO MO index. |