The WSJ publishes data each day on selling on strength vs.
buying on weakness. Here's a link:
http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=topnav_2_3000
Here's my question. If the data indicates a net outflow on the
SPY today (-$254 million), does that automatically translate into
the "smart money" bailing? Would it be important to know what the
data was for the final 20 minutes, when the big spike occurred? Any
comments on how to interpret this data?
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The WSJ publishes data each
Posted by jhsimon on 15th of Apr 2009 at 09:53 pm
The WSJ publishes data each day on selling on strength vs. buying on weakness. Here's a link: http://online.wsj.com/mdc/public/page/2_3022-mflppg-moneyflow.html?mod=topnav_2_3000
Here's my question. If the data indicates a net outflow on the SPY today (-$254 million), does that automatically translate into the "smart money" bailing? Would it be important to know what the data was for the final 20 minutes, when the big spike occurred? Any comments on how to interpret this data?