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09/13/06 3:34 PM

#18661 RE: metropick #18658

For all the talk of a sell-off, money has been flowing into this stock the last two days. Please refer to the lower panel of the hourly chart below.

From stockcharts.com on the use of the money flow index: Positive and negative divergences between the stock and the MFI can be used as buy and sell signals respectively, for they often indicate the imminent reversal of a trend. If the stock price is falling, but positive money flow tends to be greater than negative money flow, then there is more volume associated with daily price rises than with the price drops. This suggests a weak downtrend that threatens to reverse as money flowing into the security is "stronger" than money flowing out of it.