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Strategies & Market Trends : Groundhog Day -- Ignore unavailable to you. Want to Upgrade?


To: Jorj X Mckie who wrote (2908)5/3/2002 10:59:30 AM
From: GraceZ  Read Replies (1) | Respond to of 6346
 
not sure which one is more difficult, figuring out what actually will be hot, or figuring out what everyone else thinks will be hot.

Money flows into those things that people think are going to do well, moves out of things where people have reduced expectations. Money flow frequently moves long before price (in both directions). I track money flow. I certainly don't use it exclusive of FA or TA, but in addition to both of these it tells you what people are really doing (not if they are right). Price frequently masks what people are doing, its deceptive.