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Strategies & Market Trends : Technical Analysis - Beginners

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To: gonzongo who wrote (7142)12/6/1997 6:29:00 PM
From: shasta23  Read Replies (1) of 12039
 
HI ANdy!

you wrote:"btw- I do use Boll Bands ( 8 day variety) mainly to see when it they tighten to predict a move as we are discussing but really do not have a clue as to their benefit otherwise- I prefer MA envelopes."

I'm trying to learn! Why do you prefer envelopes with a fixed %age
over the boll bands? Since Boll bands are standard deviations they seem to be a better tool for predicting the range of a volatile stock
than fixed envelopes. But since i'm a newbie i can't say it with
experience to back it up.

Any comments?

Stefan
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