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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 175.25+0.6%Dec 19 9:30 AM EST

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To: Ken Bobey who wrote (90495)12/19/2000 12:31:42 PM
From: Ibexx  Read Replies (1) of 152472
 
Ken,

One useful way of looking at money flow data is to spot the divergence (of direction) between MF and stock price. This strategy has been discussed extensively by Lazlo Birinyi (sp) and others.

Again, one is either a believer or non-believer, like everything else.

On days when Q was cut down by false rumors or misleading downgrades, I would be encouraged to add if the money flow had been consistently strong. The odds of using this approach successfully (for me) have been better than 50:50.

MF is now a standard feature on WSJ - quite commonplace I would say.

Ibexx
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