I check the WSJ once in a while and was amused to see that the biggest negative money flow was:
Company Price Chg % Chg 1-wk
% chg Money Flow Tick
Up Tick
Down Up/Down Ratio Money Flow Tick
Up Tick
Down Up/Down Ratio
PwrShrs QQQ (QQQQ) $48.89 0.03 0.06 1.83 $-90.27 $181.85 $272.12 67/100 $-93.90 $54.77 $148.67 37/100
SPDR S&P 500 (SPY) 153.00 0.02 0.01 0.80 -72.80 568.84 641.64 89/100 -38.10 95.11 133.21 71/100
Does that information typically indicate that someone/something has been selling into this strength?
Does money flow matter?
Started by
rkd80
, Jul 09 2007 09:34 PM
1 reply to this topic
#1
Posted 09 July 2007 - 09:34 PM
“be right and sit tight”
#2
Posted 09 July 2007 - 09:37 PM
Short answer? Nada. On a single day basis very little matters.
U.F.O.
"Democracy is two wolves and a lamb voting on what to have for lunch. Liberty is a well-armed lamb contesting the vote!"
~Benjamin Franklin~
~Benjamin Franklin~