SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : America On-Line (AOL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: jach who wrote (7355)3/21/1999 8:44:00 PM
From: Vendit™  Read Replies (3) of 41369
 
jach;

Let me blow a hole in your theory……………..Late Oct-98 …..MF hit top area and the stock shot up another $12 before deciding to move sideways for a few weeks. Then at the end of December it showed MF top again and moved $32 to the up side after that and then the stock again moved sideways within a small range. We are now at the 3rd time stage as the two I just described………good luck on your short position because you are sure going to need it.

Money Flow Index

The MFI is a volume-weighted variation of Wilder's RSI that is calculated by comparing today's average price to yesterday's average price and then weighing that average by the days volume. The ratio of the summed positive and negative money flows are then normalized on a scale of 100 to zero. Look for tops when a reading of 80 occurs and bottoms when 20 is reached. As with many momentum indicators watch for divergence between it and the stock price when new reaction highs or lows are made.


askresearch.com

Vendit
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext