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Technology Stocks : The New QLogic (ANCR)

QLGC 16.07

0.0%

Aug 24 5:00 PM EST

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To: Joe Wagner who wrote (13784)	1/21/1998 10:43:00 PM
From: Eleder2020	Read Replies (1) of 29386

The Bollinger Bands only this narrow 4 other times in the last 6 months.The trend was up twice and down twice after this narrowing. The up trends were over 50% and the down trends were about 50%.If the Bands continue to narrow in the next four or five trading days and if recent history holds the price of Ancor should be on the move in 5 to 8 trading days. Alan Aranoff- How far off the mark am I?Seems like bouncing off the lower band would be nice? No?Good at looking at it,but could use some help in the interpretation. Doing this for entertainment while ANCR sitting. Thanks , Ed

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