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 : Qualcomm Incorporated (QCOM)
QCOM 168.060.0%Dec 1 3:59 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Ruffian who wrote (25714)3/31/1999 10:44:00 PM
From: John Stichnoth  Read Replies (2) of 152472
 
Thanks, Michael. But, I was really asking a slightly different question. It seems that a gap up at opening, then a steady slide during the day, would almost certainly lead to negative money flows--since most of the trades would be on the bid. A gap up with sideways movement should be indeterminate for money flows. But neither of those events would suggest weakness for the stock--because the gap up is such a strong technical indicator (if I remember my Pring correctly).

My question goes to the validity of the number as an indicator: Do you know if anyone has done a study differentiating gaps up from more even rises, each against the money flow number, as an indicator of a possible future price trend change?

Best,
JS
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext