Stock Attack -- A Complete Analysis Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Stock Attack -- A Complete Analysis

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Road Walker who wrote (33068)	10/16/2000 5:44:56 PM
From: UnBelievable	Read Replies (2) of 42787

The Analysis Which I Presented Had A Little Different Focus But the Wall Street Journal's information will be useful in trying to sort out where some of the differences in the money flow which I did and that which Dan did. The list you referenced from the WSJ identifies the stocks with the greatest money flow. My analysis identifies the stocks with the greatest price gain which have negative money flow. I think we could explore the issue using PMCS since they were one of the stocks which I did identify (they had a very large gain on Friday) and which the WSJ identifies as having among the four most negative money flows. As I think I mentioned the 15 minute candle chart on IQCharts only has 3 black candles, non of which are particularly large. Nor is the volume during those 15 minute segments particularly high. The conclusion I reached based on this information was that during many of the periods during which there was an increase in price, the majority of the sales must have been on downticks. I further speculated that this was an indication of distribution. That the smaller sales on the upticks were primarily for the sole purpose of raising the price, thereby attracting the attention of Mo Mo investors, who bought the larger volume of stock on the downtick, a relative dip. At this point it would be useful for me if Dick could reiterate the ways in which the data he is using and the analysis he does based on that data differs from mine. Among the issues to clarify might be: Does your analysis lead you to conclude that PMCS did not have negative money flow Friday? Do you see more than 3 black 15 minute candles? Do you agree that the volume during those periods does not appear to be above the average volume of a 15 minute segment. As I believe I mentioned the IQCharts only provides money flow on a daily display so it is not possible for me to tell the money flow for each 15 minute segment. I have used positive price movement with negative money flow as a screen for potential short selling candidates, under the assumption that the price was being artificially inflated and when the distribution was over the price was likely to fall. If the data I have been using or the analysis faulty I would be very interested in determining how it could be improved.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next