Institutional index... follow the money

JAP said: "[IMG]http://www.stocktiming.com/images/2007/07%20JULY/26/inst%20hourly.png[/IMG] This interesting chart was built after Wednesday's close. The top chart is the S&P 500. The middle chart represents the institutional money that flows in and out of the market. The bottom chart works like MACD or stochastics... when the red line crosses over and above the blue line, that's a good thing."

Mr. Gekko said: "Should've waited a day to build the chart. It would be interesting to see the effect today had."

Pb3190 said: "So, if I can read that right... private investors really have little to no impact on the market? It is only institutions who can move the market in any real sense."

Mr. Gekko said: "[QUOTE=Pb3190]So, if I can read that right... private investors really have little to no impact on the market? It is only institutions who can move the market in any real sense.[/QUOTE] Yeah, our money does nothing to the market... well, maybe Zster can move a stock a penny or two."

Corey said: "JAP, where did you find that chart? I like it!"

JAP said: "[IMG]http://www.stocktiming.com/images/2007/07%20JULY/27/zz.png[/IMG] Here is what it looks like after Thursday's -310 point dump. Ouch! :sad010:"

Pb3190 said: "Interesting chart, and JAP your technical analysis ways are starting to rub off on me. I can finally read and understand the charts you post as well as their patterns."