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To: arthur pritchard who wrote (136596)7/14/1999 1:16:00 PM
From: TigerPaw  Read Replies (1) | Respond to of 176387
 
Money Flow
INTC 253,651,066

That's a big chunk of change going into Intel. Can't help but think that things look good for Intel's customers.
TP



To: arthur pritchard who wrote (136596)7/14/1999 1:52:00 PM
From: JH  Read Replies (3) | Respond to of 176387
 
Re: VITAMIN MF SUPPLEMENT = utterly useless?

For the benefit of the thread, please explain the methodology behind the calculation of MF. My Bloomberg has functions called GM T (money flow, total), GM B (money flow, block), and GM N (money flow, non-block) - these show a line which is a CUMULATION of day-to-day changes in MF. As far as I can see, cumulative MF is totally useless because it has no predictive power whatsoever for a stock's direction. At times, positive cumulative MF seems to indicate rising stock price. However, with most of the NASDAQ listed stocks, MF shows a NEGATIVE divergence with the stock price!

The VITAMIN MF SUPPLEMENT is even more useless, since it only shows MF on a daily basis, which doesn't keep track of the cumulative, historical MF.

IMO, accumulation/distribution functions like OBV and CHKO are far more usefull than MF.

Posting "VITAMIN MF SUPPLEMENT" in large caps is not necessary. The moniker "vitamin" is both juvenile and misleading.