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Pastimes : A Novel Academy: 56ers in Annapolis

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To: Doug R who wrote (2293)11/30/1997 2:35:00 PM
From: ivan solotaroff  Read Replies (2) of 2403
 
Bollinger Bands

Doug:

What used to be DBC and is now CBS Marketwatch offers simple Bollinger Band charting capacity.
cbs.marketwatch.com
I don't know the theory, but was looking at the chart for IOM, using the default setting of Period=9, Std. Dev=2, and noticed that every time the bands tightened on IOM it popped for two to five days after. It looks like it may be another day or two before they do the same again.
Can TA be that easy? Doubt it.

Ivan

PS: If you get a minute and remember about OLGC would be obliged.
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