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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Backfill who wrote (13145)7/26/1998 12:58:00 PM
From: ViperChick Secret Agent 006.9  Read Replies (2) | Respond to of 42787
 
Hey Jeff
I wanted to say something to you about LU and the money flow from TSO but I am kind of foggy right now so lets see if I can get this out

it is possible that the money flow BEFORE earnings was so great that it could mask what happened after earnings ...so that the trend could now be dumping even though there is positive MF for that week
since that report was weekly
you cant really tell unless you also have daily MF
so dont get a false sense of security

also
you will see Judy periodically say things like
she doesnt give a fig for money flow

for instance
kevin got in SLB earlier this week.or last week..cant remember... based on positive MF..and the dog tanked

and I have seen CSCO and DELL have negative flow and rise...

etc...
so it is just one more tool to look at...