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Strategies & Market Trends : The Thread Formerly Known as No Rest For The Wicked -- Ignore unavailable to you. Want to Upgrade?


To: Junkyardawg who wrote (23701)4/5/1999 1:06:00 PM
From: Charliss  Read Replies (1) | Respond to of 90042
 
Money Flow is on my pcquote software. I watch money flow, # of trades, all sizes, intraday chart...all rt...I watch the chart work with money flow.....I also have level 2, but that is effective mostly for very active daytrading, and I am mostly a position trader. When I traded FORE as money flow and intraday chart turned down, I sold just to be safe with our fickle FORE and also to lock in profits. Same factors tell me when to re-enter.

FORE looks heavily daytraded in addition to mm's wanting shares.

Sometimes price remains stable even though money flow turns more negative, but that can't last- eventually they will move the price down with it...