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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (14518)11/16/1997 9:04:00 PM
From: Snowshoe  Read Replies (2) | Respond to of 50167
 
Yup, according to this piece on NBR the other night, block money has been exiting the market since the August peak. Makes me wish I had regular access to pre-digested MF info for the whole market...

"KAHN: Well, during the March/April correction, the non block money flow is going down with price and there's not a whole lot of extra information there. But the block, or the total money flow was trending higher and supposedly the smart money was still pouring money into the market. Whereas at the August peak and from that point on, the total money flow is trending lower as opposed to the non-block which was going higher and the two are going in different directions and we're seeing some sort of shift in supply and demand for the market."

see: quote.com