Money flow statistics on stocks

From: "L. Chen" <am302@freenet.buffalo.edu>
Subject: Money flow statistics on stocks
Date: Thu, 7 Jan 1999 18:51:27 -0500 (EST)

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In Wall Street Journal, there is a table on the top 10 inflow/outflows.  If
the # is positive, it means there were more volume on the uptick trades;
whereas a negative # means there is more volume on the downtick trades.  But
what does it mean in term of bullishness/bearishness for the stock?

e.g. MCI Worldcom closed up on high volume on Wed., and the money flow is
negative.  It seems if people are buying heavily on downticks, there wouldn't
be downticks in the first place; and people can sell too while the prices are
going up.

Anyway, would appreciate if one of you can explain how to interpret that
table.

TIA

Chen



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