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ozzy52

05/11/08 11:58 PM

#8328 RE: Soapy Bubbles #8325

According to this web page
http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:chaikin_money_flow
the cmf measures buying & selling pressure and accumulation. That chart you just posted shows a cmf that indicates lots of buying pressure and lots of accumulation. Yet despite all the buying pressure and accumulation the price continues to drop.
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Captskip

05/12/08 9:21 AM

#8342 RE: Soapy Bubbles #8325

Thanks for the chart, Mr. Soapy; things will start cookin as Summer nears..