Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: DDS-OMS who wrote (4006)	4/22/1998 8:22:00 PM
From: Casey	Read Replies (1) \| Respond to of 6467

Gary: <<Chaikin's Money Flow index can be a useful tool, but I doubt you will find its divergences have a 90% predictive accuracy.>> I'm sure you are right. What I should have said, I have, with about 5 years of experience with using this indicator, (I have AIQ software), discovered a price to moneyflow convergence/divergence situation that has been accurately predictive for me about 90% of the time. The setup in the charts only arises occasionally. But when it arises, I can recognize it in a flash, and then my antennae are alerted. As I follow the progress, sure enough, the price pop or price drop, if a convergence or divergence respectfully, occurs about 90% of the time. <<Creating a Stochastic of MF might give definite buy or sell signals whereas MF alone simply tells you if there is accumulation or distribution--it really doesn't tell you when to act.>> Absoltely correct, there is no timing mechanism in this occurrence that I have detected. The phenomenon, in my experience, has varied in duration, from the time of start of formation of the pattern to, either the pop or drop (~90% occurrence) or dissipation of pattern altogether, from a few weeks to a few months. <<If I can come up with a workable formula for taking the Stochastic of MF, I'll let you know.>> sounds good. thx. regards Casey