Bill Wexler's Dog Pound Message Board

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Non-Tech : Bill Wexler's Dog Pound

REFR 1.554

-4.1%

Dec 8 3:59 PM EST

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To: DanZ who wrote (7046)	3/3/2000 6:51:00 PM
From: Don Westermeyer	of 10293

Bouncing' off Bollinger bands means nothing bullish or bearish from a technical perspective. John Bollinger theory says only that the bands narrow, the stock is ready for a move (in either direction). Since these bands simply describe a variance around a moving average I fail to see why even that would work.

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