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NEMO------ SMART Money Flow Index Hits 13-Year Low as Big Money Heads for the Door 

By: kathy_s16 in POPE 5 | Recommend this post (2)
Fri, 14 Dec 18 2:32 AM | 60 view(s)
Boardmark this board | Pope 5 		Msg. 16809 of 62138
(This msg. is a reply to 16803 by capt_nemo)
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IT WAS A SET-UP FROM THE BEGINNING.

YOU CAN'T KEEP ENHANCING THE MARKETS WITH FAKE DOUGH.

I AM JUST SURPRISED IT TOOK THEM 2 YEARS TO SOMEHOW GET EVEN WITH TRUMP FOR TAKING THE PRESIDENCY AWAY FROM THAT C-WORD.

I AM GETTING SO DISGUSTED WITH THE LIBTARDOS.

CAN YA TELL?


If you think education is expensive, try ignorance.


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The above is a reply to the following message:
SMART Money Flow Index Hits 13-Year Low as Big Money Heads for the Door
By: capt_nemo in POPE 5
Fri, 14 Dec 18 1:57 AM 		Msg. 16803 of 62138

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via confoundedinterest: The SMART Money Flow Index has just declined to its lowest level since 1995 as The Fed’s QE3 vanishes into the sunset.

http://www.investmentwatchblog.com/smart-money-flow-index-hits-13-year-low-as-big-money-heads-for-the-door/


The Smart Money Flow Index is calculated according to a special formula by taking the action of the Dow in two time periods: the first 30 minutes and the last hour. The first 30 minutes represent emotional buying, driven by greed and fear of the crowd based on good and bad news. There is also a lot of buying on market orders and short covering at the opening. Smart money waits until the end and they very often test the market before by shorting heavily just to see how the market reacts.

As Keyser Soze said, And just like that, its gone.

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