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To: McNabb Brothers who wrote (23044)11/24/1997 9:40:00 PM
From: Rosemary  Respond to of 176388
 
Hank,

Ok, if you really have an open mind about things, I believe you. Now clear it of all predjudices of what any stock is going to do. Done? Good..

Moneyflow is another indicator to look at. It is only saying that more money is willing to come in at the low of the trading, everytime it gets to a low, then is selling at the high, everytime it gets to the high. Its a ratio, and it moves everyday with the trading.

I will give you an actual example of how it helps to make a decision to either short or buy. I wanted very much to short, CMB, buy a put. I checked my chart as a verifier that the others were selling every chance they had when it hit a high.
They were. The moneyflow is negative. It was a good put. Probably still is.

Now, another example of knowing your charts and companies very well:

Intc, in the past, while it was making all types of highs was being sold off everytime a new high was achieved. The price kept going up, but the moneyflow was saying look out when it tops. Just because it turned negative, it wasn't a time to sell, it was just saying watch for that top. And it found it and went down.