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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Dan Duchardt who wrote (33123)10/17/2000 1:58:45 AM
From: UnBelievable  Respond to of 42787
 
Dan

I apologize for using the wrong name. At times my fingers are faster than my brain.

The points you make concerning the configuration of the candle being more important than the color, as well as the probability that a number of sales, particularly larger block sales are not accurately tabulated are well taken.

I have found that the price increase on negative money flow that I have done with IQCharts has been useful in creating a productive list of future short sale candidates.

There are a number of other factors which I consider, and there are a number of cases where a stock which has been identified through the scan shows no particular promise as a short.

I have also found that up days which have a large number percentage of the stocks which had gains show up on the scan as having negative money flow are more likely to be followed by down days.

After reviewing your comments I just don't exactly know how the system has come to the determination that a particular stock had negative money flow.