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Technology Stocks : Dell Technologies Inc. -- Ignore unavailable to you. Want to Upgrade?

To: stock bull who wrote (42517)	5/16/1998 3:00:00 PM
From: Gary Wisdom	Read Replies (2) \| Respond to of 176387

Stock Bull, money flow data I get is real time via PCQuote. As for your question of my statement that there was huge buying today, think of this: The stock is $90/share. The volume was 31MM shares. Money flow was negative $26MM. Divide $26MM by $90/share and you get about 300K shares. Very simplistically, that means about 15.85MM shares were bought on upticks and 16.15MM shares were sold on downticks. That's why I'm saying that there was huge buying on Friday. If there wasn't, the price would be at $80 today, not $90. On days when the stock is up $5 and the money flow is very negative, that means that people are profit taking and selling on strength. Not a terrible strategy for anyone. The other day, when Dell was at $98, many people sold at the bid, creating negative money flow. Yet, the stock kept getting pushed up. IMHO, just going by the price change without taking into consideration the money flow is a very simplistic (and incorrect) way to analyze the action in a stock.