Xro - xero

**BFG** · 07-12-2014, 02:38 PM

What happened to your money flow Baa? Looks like it committed suicide!

**longy** · 07-12-2014, 04:40 PM

Baa Baa... Which software did you use to produce those graphs? Re graph I think the first 15 mins of the opening tomorrow should give an indication where the SP is going to go. But if I have to pick one then I think it should jump a little.

**Baa_Baa** · 07-12-2014, 05:59 PM

Originally Posted by BFG

What happened to your money flow Baa? Looks like it committed suicide!

http://www.incrediblecharts.com/indi...money_flow.php ... Twiggs Money Flow takes volume into account and on that day there was very high volume - from a moving average of 280k volume spiked to 5.8m on Nov 25th. That single volume event effectively renders the indicator useless however, I find it exceptionally useful most of the time, especially for short term trend breaks.

**Baa_Baa** · 07-12-2014, 06:10 PM

Originally Posted by longy

Baa Baa... Which software did you use to produce those graphs? Re graph I think the first 15 mins of the opening tomorrow should give an indication where the SP is going to go. But if I have to pick one then I think it should jump a little.

Hey Longy, you'll find a free download here http://www.incrediblecharts.com/free...e_download.php (Windows version only - [I use mine in a Parallels VM on Mac]). It will pick up free Yahoo daily data, though not until 10am the following day. For my purposes delayed daily data is fine. It's a good charting platform. I'm not sure if they have a live NZX feed for subscribers to access intra-day data.

Fridays spike close at $16.50 marked an otherwise down day, I don't think it's indicative of the mood. Currently the Bid is $16.25 Ask $16.55 ... so yes, it will be an interesting open.
Attachment 6565

**BFG** · 07-12-2014, 07:44 PM

Originally Posted by Baa_Baa

http://www.incrediblecharts.com/indi...money_flow.php ... Twiggs Money Flow takes volume into account and on that day there was very high volume - from a moving average of 280k volume spiked to 5.8m on Nov 25th. That single volume event effectively renders the indicator useless however, I find it exceptionally useful most of the time, especially for short term trend breaks.

MSCI rebalance day. Got ya

**Toasty** · 08-12-2014, 09:37 AM

http://www.nzherald.co.nz/business/n...ectid=11369324

Bit of a Xero fan article in the herald this morning. Always nice to see. Lots of commentary around the possibilities that Xero has opened up. I would like to believe the Apple comparison, but we shall see....