Replies to post #57406 on Market 99 Ltd (fka MNTY)

[D-Block]

yeah, although they could still turn this thing around. It ain't over till it's over

take a look at CMF and Accum/Dist on this chart:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=26880665

this is how to read CMF(stockcharts.com):

1. The first and most obvious factor is whether the Chaikin Money Flow value is greater than zero? It is an indication of buying pressure and accumulation when the indicator is positive.
2. The second factor is the duration of the reading, how long the oscillator has been positive. The longer the oscillator remains above zero, the more evidence there is that the security is under sustained accumulation. Extended periods of accumulation or buying pressure are bullish, and they indicate that sentiment towards the security remains positive.
3. The third factor is the intensity of the oscillator. Not only should the oscillator remain above zero, but it should also be able to increase and attain a certain level. The more positive the reading is, the more evidence of buying pressure and accumulation. This is usually a judgment call, based on prior levels for the oscillator, but a move above .10 would be significant enough to warrant a bullish signal. A reading above .25 would be an indication of strong buying pressure. You should consider prior levels of the indicator to be sure. [it's at .286]