| Help | Sign in | |||
|
|
| Discussions for Randgold Resources Ltd. (ADR) | View all discussions |
|
| AFTERSHOCKS | ||
| All 2 messages in discussion | ||
I receive a Trading Flow report each night that gives me a breakdown
on a about 2000 stocks and it tells me how many shares of a particular issue were purchased at the ask price(generally buys) and shares sold at the bid (generally sells).From this report I can tell you that right now GOLD have a speculative positive divergency money flow with a negative tendency. GLG and MFN have the highest money flow right now, and GOLD is the #10. On Monday GOLD had a net 7% more buy orders than sell and 16% more buy orders than sell on Friday. An interpretation of the numbers indicates that to every 100 shares Buy order there was opposed 93 shares Sell order. I can't wait for the next database update to see what shorts are doing. Trades taking place when the bid and the ask are the same price are thrown out. This report goes back 17 days...cumulative net share accumulation on GOLD has been about 3% more seller interest. This method is much more effective for discovering hidden accumulation/distribution than the Chaikin method, since it do it through an analysis of the orders flow, not through an analysis of the price change. I've had approximately half a dozen good solid winners during my trial period. Trading flow is a skill that professionals have. To trade with trading flow is to trade with an edge. Recent stocks that showed positive divergency money flow were EVCI and CREE...you can see what they've done. Good Luck. |
|||||||||||||||||
|
||||||||||||||||
| End of messages |
| « Newer discussion - Slow down | (DHNA) GOLD - Older discussion » |
| Google Home - Terms of Service - Privacy Policy |
©2008 Google