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It is very hard or impossible to time the broad market consistently — there are no famous investors that got rich by consistently knowing what the broad market would do next. This only makes sense, as there are just too many variables in the broad market. But there are many famous investors who... More
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  • Eyeballing SandRidge's Money Flow 1 comment
    Feb 13, 2013 8:50 AM | about stocks: SD

    We are intrigued with SandRidge Energy (NYSE:SD), but is this the bottom? When SD hit its 52 week low in November the Money Flow turned first, right now the MFI has not turned - we are staying on the sidelines for now:

    (click to enlarge)

    Disclosure: I have no positions in any stocks mentioned, but may initiate a long position in SD over the next 72 hours.

    Themes: Energy, Oil, Gas Stocks: SD
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  • Joe Springer
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    Author’s reply » Looking again, the latest sell-off looks to have been predicted by the Money Flow too..
    13 Feb 2013, 08:53 AM Reply Like
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