Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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

To: Ian@SI who wrote (136619)	7/14/1999 3:09:00 PM
From: JH	Read Replies (1) \| Respond to of 176387

<If you've ever listened to Laszlo Birinyi, you'll appreciate that first comes money flow, then comes the movement in stock price> <For someone who claims to be long 1000 Dell Contracts, I'm surprised that you have the questions re MF that you do. Certainly, if I were speculating on the short term direction of 100,000 shares of Dell, I'd want to know everything about short term factors affecting the underlying's price. In fact, I'd want to be the absolute expert on it.> My original post was intended to promote a discussion on why or how MF is perceived to be of predictive value. My own experience with the MF function on the Bloomberg suggested that it was not very useful. I was curious about how a daily "snapshot" of MF would be of any value, when it's more useful when viewed as a longer term trend. Thanks for the cryptic hint, but I understand how MF is calculated. I also know quite a bit about dozens of other technical indicators which fall broadly under the categories of historical price action indicators, trend indicators, and momentum/oscillator indicators. I use many of these TA tools very successfully. Sorry, but if there is anyone who claims to be an "absolute expert" who claims to know "everything about short term factors affecting the underlying's price", I'd love to meet him/her. Are you that person? You made a comment on "speculating on the short term direction of 100,000 shares of DELL". Well, intraday technicals/graphs are much more useful for that purpose, rather than MF which is considered a longer-term historical TA tool. I did not intend to imply that MF would be useful as a short-term trading tool. Please distinguish between notional amount and principal amount when making comparisons between positions in options and common shares. Being long the equivalent of 100,000 shares of Dell may sound to you as an irresponsibly colossal position, but it's all relative to the size of the portfolio. . If you're leveraging your margin to the limit, yes. In my case, I not only have not paid any margin interest all year, but I have tight stops and am broadly diversified.