InvestorsHub Logo

simplegreen

12/31/06 2:48 AM

#4570 RE: maryl #4568

Welcome to the board coolwhip...,IMO CMF is one of the least important and most misleading of tech indicators and I feel sure a lot of other chart people would want to argue that point..but...I have seen stocks pounded into the ground or simply sit there in a trading stupor and yet have a very nice looking CMF..I use a CMF(10) rather than the 20 that is traditional and yet even that very seldom bears a direct relationship with defineable PPS action...but I Do use the Chaikin Oscillator which gives me the TREND of the money flow which IMO is much more important.BTW I am glad I said that about it is an example not a reccomendation..I read the 10QSB and am once again utterly amazed at the insanity of this market today...3.16 per share with a poor showing on the restated Q and an SB-2 on top of that!