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Politics : Formerly About Applied Materials -- Ignore unavailable to you. Want to Upgrade?


To: Paul V. who wrote (24745)9/30/1998 6:09:00 PM
From: Gottfried  Read Replies (2) | Respond to of 70976
 
Paul, I looked at money flow for AMAT today. Before looking at the chart we must read the definition...

The money flow indicator attempts to measure the amount of money buying a stock vs. the amount of money selling a stock. It does this
by assuming that when a stock closes higher than its open all volume
associated with that trading period results from buyers. It further assumes that when a stock closes lower than its open all volume associated with that trading period results from sellers. Although these assumption are overly simplistic, money flow can be a useful indicator when analyzing the general buying and selling pressure on a stock.


bigcharts.com

I can't say MF does much for me.

GM
You were a real contrarian today. :)