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Strategies & Market Trends : Charts & Scans

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To: Ron who wrote (810)	10/1/2001 7:26:39 PM
From: robert b furman	Read Replies (2) of 5125

HI Ron, You are on to it - both indicate an increase in Moneystream. Now IF my scenario unfolds as anticipated - price will drop to retest the lows: Orcl - 10 1/2 - 11 Rhat - 2 1/2-3 As these prices prove to be support - Moneystream must not dip it must continue to become more positive. Note: I refer to moneystream which is a proprietary term as utilized by TC 2000 - Worden Bros. Although it appears to be slightly different from your source - I think it tracks the same concept - money coming into the stock vs leaving. TC2000 also uses a concept called TSV - time segmented volume - this indicator also diverges at the retest time. I think what we try to get a feel of is institutional purchases. This is what really drives the market. So far we've had a nice Rally followed by a confirmation day that also had an increase in volume. The next step is a leading sector and individual stocks that breakout and provide leadership. What I'm trying to do is time the last safe purchase that can be done at the bottom.It's really just a concept that hopes to couple up with good luck.gggg You might want to try TC 2000 - they have a thirty day free trial? Bob

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