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Strategies & Market Trends : Piffer OT - And Other Assorted Nuts
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To: Techplayer who wrote (46512)7/24/2000 8:47:25 AM
From: Doppler  Read Replies (1) of 63513
 
Hi TP. I use b-bands a lot. That particular pattern isn't really telling me a whole lot. Not enough data because of it being a new issue. The general rule though is, that until proven otherwise, a trend outside of the bands will usually stay outside of the bands for a little while. As soon as it shows a 2nd high inside of the bands though it should go down. That is a pattern that I have had excellent results with. Hope this helps.
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