Quote Originally Posted by Billy View Post
Money flowing out of SPY, as detected by the 20 DMF, may actually be funneled back into IWM and QQQ stocks, which would be a precursor of very bullish developments for the overall market.
In one of your previous posts, some time ago, you described yourself as the "idea man" in the Billy/Fred team while Pascal is the mathematician...! Again today you come up with a very interesting concept of money moving out of large to small /&Tech caps. Of course that happens, but its something I have taken for granted. However, the idea is that (more work for Pascal who is already looking at a long list of ideas) if one could measure a 20DMF for technology and small caps universes, we could visualize the money flow in and out of markets as far as volume is concerned. I know that probably many non S&P stock may not provide the minimum liquidity required for such an estimation, but perhaps with your experience you could find a liquid short cut that would approximate the real value of such 20 DMFs. Maybe a modified sectorial analysis might do the trick.
Just a thought

Pierre Brodeur