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 : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Twister who wrote (20323)	1/21/1999 2:51:00 PM
From: Patrick Sharkey	Read Replies (2) \| Respond to of 29386

Mr. Twister, how does that money flow analysis work? Downward price pressure suggests more money coming out than going in (distribution), subject to what the MMs are doing. How does one tell from the outside what, if anything, MMs are doing altering the natural conclusion that price action would indicate? Pat

To: Mr. Twister who wrote (20323)	1/22/1999 10:16:00 AM
From: nic	Read Replies (1) \| Respond to of 29386

bigcharts has very nice money flow charting - I can get it to show up to 10 days' worth of intraday data sampled at one-minute intervals. It indicates heavy accumulation last Friday, a lot of profit taking Tuesday morning, then accumulation again on the Wednesday morning dip. For yesterday though I see a sharp drop when we fell past 7 1/2. Still, the level right now is comparable to last Friday afternoon, when we were at 8, so this does support your interpretation. - nic