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


To: Square_Dealings who wrote (42556)2/12/2001 8:46:59 PM
From: Doug  Read Replies (1) | Respond to of 42787
 
M.F: Divergence signals a possible reversal ahead.!



To: Square_Dealings who wrote (42556)2/12/2001 10:33:01 PM
From: Chris  Respond to of 42787
 
i dont use money flow too much.



To: Square_Dealings who wrote (42556)2/12/2001 10:36:20 PM
From: Chris  Respond to of 42787
 
one problem with using indicators, is like your example.

if stochs is giving buy but money flow doesn't confirm, what to do?

i prefer to stick/listen to the indicator that is MOST reliable and that will make money for you on the trade. In other words, if the stock goes up 4-5 points on stochs oversold EVEN with money flow neg., I'll take it.

That is part of the TA - learning process for developing a trading system (not necessarily 100% mechanical).

Trying each indicator and seeing which works for you.



To: Square_Dealings who wrote (42556)2/12/2001 10:37:52 PM
From: Chris  Read Replies (1) | Respond to of 42787
 
in reference to your chart, notice how the on balance volume turned up in novemeber of last year when the price of the stock has ALREADY moved.

I find on balance volume sometimes a LATE indicator or to the point when it GIVES you positive on balance volume, the move has already started.

I prefer to buy before the move has started.

I do realize you're talking about money flow and not on balance volume.