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Biotech / Medical : CYPB - Cypress BioScience

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To: muddphudd who wrote (489)	1/26/1999 8:16:00 PM
From: John S. Baker	Read Replies (1) of 586

Without going into too much detail, the following chart is interesting: bigcharts.com This is a Money Flow Index (MFI) chart. MFI purports to measure the total net flow of money into and out of a given stock. Thus, it is very interesting to note that there was not a significant dip in MFI even in the face of the dip in price. Especially interesting is to note that at the worst point yesterday, the MFI still was higher than it had been intraday on Wednesday (probably because some profit-taking had taken place beginning early this week). Taken to its logical conclusion, this suggests that yesterday and today were a "buying opportunity". Caution: such macro studies need to be taken carefully. So later on tonight, once the daily charts have been updated, this 6-month chart will be more important: bigcharts.com Standard caveats re technical indicators. Do your own Due Diligence. Etc. JSb.

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