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To: Geoff Nunn who wrote (151961)1/25/2000 4:02:00 PM
From: TigerPaw  Respond to of 176387
 
"flows into a stock" necessarily equals the amount that flows out of it.
I don't know, I did learn from Kemble that when you don't know, you cheat off someone else. In my case I look at those money flow graphs from places like askresearch.com

TP



To: Geoff Nunn who wrote (151961)1/25/2000 4:16:00 PM
From: jim kelley  Read Replies (3) | Respond to of 176387
 
I think the confusion here stems from confusing the bidding process (which drives the price of a stock up or down) which the volume of transactions. The bidding process is controlled by the supply-demand phenomenon not merely a volume of transaction. That is why an upward price movement on heavy volume is more convincing than an upward movement on light volume. It basically, means there are more buy orders than there are sell orders at a given price.

:)