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Biotech / Medical : Celera Genomics (CRA) -- Ignore unavailable to you. Want to Upgrade?


To: Susan G who wrote (531)6/30/2000 1:38:56 PM
From: allen menglin chen  Respond to of 746
 
Money Flow

Author Dwivedi
Report Source Dylan Ratigan
(Added 6/30/2000 5:03:47 AM)Categories: Stock Picks, Stocks To Watch

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Money Flow: Q, LU, CRA, PFE, MWD, AGN

Dylan Ratigan picks the following stocks on the basis of money flow:

-Money flow uses the Bloomberg terminal to measure investor sentiment by counting the way a stock is traded during the day; looks at hare blocks of 10,000 or more

-If stock trades higher than prevailing market prices, money flow is positive; if lower than prevailing market prices, money flow considered negative.

-Buying on Weakness: weakness in stock price; strength in money flow; aggressive buying; positive sentiment indication in stock over the past week: Q, LU, BPA

Q: money flow continues to be positive; up trend in stock with recent sell off

LU: push to the upside in money flow; sideways trend in stock


CRA: very positive money flow and increasing strength on announcement of the mapping of human genome; stock neutral

-Selling on Strength: strength in stock price; weakness in money flow; aggressive selling; negative sentiment indication in stock over the past week: PFE, MWD, AGN

PFE: very positive money flow with some contraction over the past week; upward trend in stock

MWD: negative money flow and deteriorating further; stock recovering and trading sideways

AGN: money flow deteriorating recently; rally in stock