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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?


To: C Nelson Reilly who wrote (136365)7/12/1999 9:57:00 PM
From: Marty R  Read Replies (2) | Respond to of 176387
 
Re: Money Flow.

I haven't fully read the explanation of Arthur's money flow calculation so I can't comment on that. However, TC2000's Balance of Power indicator shows positive money flow for Dell (more $'s going into Dell than out). This positive trend started around 2nd week of June (latter part) and has continued since. Take a look at chart. That's when the stock's most recent uptrend began. Last couple days (including today) BOP trended higher.

Obviously, this is good. How much longer it may last is anyone's guess. But, announcements, fund upgrades and shorts having to cover should IMO carry it for a little bit more. I hope you're all correct in predictions of higher price on Dell.

Could the negative shown in MF Vitamin Supplement be (in part) explained by shorts covering and MM's selling out of inventory stockpiles? Could be stupid question since, as I said, I haven't fully read how the MF is calculated.

Good trading to everyone.

Marty