Daily stock technician by Thomas K. Lloyd
ARTICLE SYNOPSIS ...Daily stock technician
by Thomas K. Lloyd
For several years, I marketed a proprietary chart service, called Flow of Capital, to major money
managers in the country who generally had at least a billion dollars in equities under management.
Each chart plotted four/variables. The first line showed capital flowing into or out of the stock. Next,
there was a line showing the demand-supply fluctuations. Below that was a rate-of-change indicator.
Finally, there was comparative relative strength.
These charts showed that relative strength is the basic raw data for every novice technician to learn a...