MDA - Market Direction Analysis Message Board

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Strategies & Market Trends : MDA - Market Direction Analysis

SPY 659.00

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Nov 21 4:00 PM EST

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To: Debra Orlow who wrote (3345)	1/6/1999 9:34:00 PM
From: dennis michael patterson	of 99985

Debra, let's talk Money Flow, shall we? I follow MF closely. As of late, it indicates/predicts NOTHING. First, in late December, no money was coming into equity funds. Yet equities went up. A meager amount went into equity funds in the last week, and stocks are rockin. My conclusion, no predicitve malue. (2) MF numbers in the WSJ indicated negative tick flow in AMZN and MSFT. The stocks went up, big. My conclusions: MF is a useless indciator. Now, why have I chosen you to tell this to? I love the music on your Profile.

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