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Re: ClayTrader post# 141

Friday, 03/30/2007 9:17:33 AM

Friday, March 30, 2007 9:17:33 AM

Post# of 50030
ajcmstocks

Try looking at MFI. CMF can be very misleading.... it reads closes only on the Daily Chart. All the trading that took place in between the open and the close is discared.

MFI calculates it all. I guarantee that if you put MFI into that chart, say MFI 5 overlain 21 using a Bollie wrap, with a supporting EMA underneath for reference, you will get a very different, and far more accurate picture. In fact, totally different.

fringe


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