Compaq Message Board - Msg: 8103747

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Technology Stocks : Compaq

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To: Howard Feinstein who wrote (50977)	3/2/1999 9:26:00 AM
From: Elwood P. Dowd	Read Replies (2) of 97611

Howie... I think this has been posted, but I'll post it again anyway. From the Yahoo Zoo. El FYI - Money Flow Indicator 57795 of 57797 For all you "Big Brains out there that are shorting or selling at these levels - you're either phonies or idiots! Money Flow precedes stock price advances. "Institutional investors poured money into Compaq in recent days even as the shares fell. The same is true for Hewlett-Packard Co., which has slumped 20 percent since its record close of 81 15/16 on Feb. 1. Positive money flow shows investors bought more shares when the stocks rose than they sold when the shares declined, and may indicate the stock has room to rise in coming days. Money flowed into the shares today too, even as Compaq slid 2 3/16 to 33 3/16 and Hewlett-Packard fell 1/2 to 65 15/16. Compaq closed with a 14-day average relative strength index reading of 28.31 percent. The RSI, which measures the speed of price moves, is considered ''overbought'' above 70 percent and ''oversold'' when the indicator falls below 30 percent. Intel's RSI reading was 38.21 percent. While that's above the oversold benchmark used by analysts, it is the lowest since Aug. 31." 17:10:16 03/01/1999

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