Amazon.com, Inc. (AMZN) Message Board

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Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 226.99

-1.1%

3:59 PM EST

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To: Ken Pomaranski who wrote (15226)	8/30/1998 8:45:00 PM
From: Rob S.	Read Replies (1) of 164684

< This is the big one: Money has been flowing INTO the stock on both Thursday and Friday. Strange, but true. Take a look at 'money flow' on the TA charts. > Sorry, my charts show that money WAS slightly flowing into NZMA as the stock was staging the rebound but is in the red (negative) since the downturn started. I find it impossible to understand how money could be flowing into the stock while it has declined and closed near it's lows repeatedly. The way the money flow oscillator formulas are volume and close based. Chalkins basic formula (most commonly used): The Money Flow Indicator is an accumulation/distribution indicator derived from this formula: ( ( ( Close - Low ) - ( High - Close ) ) / ( High - Low ) ) * Volume

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