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Strategies & Market Trends : Tech Stock Options

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To: joe smith who wrote (42901)5/11/1998 12:26:00 PM
From: Chris  Read Replies (1) of 58727
 
hi joe (money flow site):

although not a perfect indicator on which stock is going higher, i do see a correlation with the positive mf picks and my weekly buys.

some notable ones are txn, intc.. sells: msft, and others.
(sorry, can't recall at the moment)

basically, i just use the site to just "check my signals" to see if they are buys.. ie: if you noticed, dell is on neg. money flow.. this is also before earnings as well. I've also pinned (hopefully) a strong dell resistance at 94. if you noticed today's action, the high was at 94 on the dot.. not sure if that is a sign of a good call, but we will see.

basically, i use the mf-site as another "info" for me to look at.. i like it b/c it's objective. no outside noise. just use it with my system to confirm.. very easy..
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