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


To: ViperChick Secret Agent 006.9 who wrote (13146)7/26/1998 1:05:00 PM
From: Backfill  Respond to of 42787
 
Thanks Lisa,

I had a parabolic sell show up on Fridays action for my beloved LU. HOWEVER...The candles show a possible upward reversal but would still need confirmation by a good up day on Monday. Lu stock price wanted to rise bad late Friday afternoon it was amazing to watch.

Jeff...



To: ViperChick Secret Agent 006.9 who wrote (13146)7/26/1998 1:21:00 PM
From: Chris  Read Replies (2) | Respond to of 42787
 
i recalled on tv saying that mf flow do not effect the mkt until 3-5 months later.

LAG of 5 months..

I recall maybe 2 months ago, DELL, MSFT were all on neg. flow.
in money.

Again, as a long term indicator money flow can be used, but perhaps not on the short-term sense.

Remember, like a BIG pyrmaid. If the money flow is negative, that would mean the "BASE/FOUNDATION" of the pyramid is taken away. Any mkt weakeness, the pyrmaid will fall.

That's why it's so important to look at what the instituions are doing. What the BIG buyers are doing..

One easy way via TA to do that -->> Look on WEEKLY charts. Insitutions tend to buy/sell on LARGE trends. WEekly charts have done a good job imo.

Chris