2 replies to this topic

[spielchekr]

Same concept as the Smart Money Index of comparing the 1st hour and last hour of the day. The difference is that you're looking at $NYA money flow instead of $INDU price.
If you've been watching ISEE this week, you'd know that their 9:40 AM prints have been their sentiment high s of the day every day, running well into the mid 200's every day. That seems to be a rather symbiotic gesture towards this chart.
Another divergence, just another brick in the wall, Europe buying the top, interpret it any way you like.

[traderpaul]

Please show me the same chart for a bear market....2000 to 2003.....Thanks

[spielchekr]

Please show me the same chart for a bear market....2000 to 2003.....Thanks

The chart is from Small Investors, and I don't have any more info on it than what they provide. That would be nice to see though, wouldn't it?