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Strategies & Market Trends : MDA - Market Direction Analysis
SPY 681.43+0.2%Dec 2 4:00 PM EST

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To: donald sew who wrote (24928)9/5/1999 2:03:00 PM
From: Matthew L. Jones  Read Replies (1) of 99985
 
Actually I had gone the link of the chart with the pinched Bollinger bands and thought the guy was reaching (based only upon the pinch theory you mentioned). I've read a number of your posts before and am aware that you use many different T/A indicators, techniques, etc. It was not my intention to in any way challenge your expertise, but to comment on what appeared to be an overly simplistic approach based on using Bolliger bands for something their own designer had not intended. Sorry if I sounded like I was being condescending in any way. I can assure you that I have much to learn. I am always very interested in comments about Bollinger bands because they are to me probably the single most useful tool in my own T/A.

Matt
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