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Strategies & Market Trends : Three Amigos Stock Thread -- Ignore unavailable to you. Want to Upgrade?

To: Galirayo who wrote (21835)	11/7/2000 3:15:47 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

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To: Galirayo who wrote (21835)	11/7/2000 3:18:36 PM
From: Sergio H	Read Replies (1) \| Respond to of 29382

Ray, I also like to look further ahead, but I like to know what's going on, specially when there's a bump in the road. Interesting that you feel that Money Flow is a lagging indicator. I understand that it can be argued that the money flow improves when the herd finds a stock, but in many cases, particularly in turn-around situations, the money flow turns positive long before the stock price does. For my own trading, I like to find sectors that are out of favor and then pick out individual stock plays within that sector. I can't think of a better radar system for finding sectors that are coming out of the dumpster than to use large block buying as an alert. Sergio