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Technology Stocks : DELL Bear Thread

DELL 133.78

-0.1%

Nov 14 9:30 AM EST

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To: lin luo who wrote (1623)	8/23/1998 2:39:00 AM
From: Moominoid	Read Replies (2) of 2578

Can you explain, in a very plain English, Unfortunately I won't just yet. Sorry. If my method got out there and everyone used it people with more time and computer power than me could calculate the distributions for a turning point out into time - they would then trade when the probability of a turning point ahead was significantly greater than 50%. This would result in the price series being very smoothed down with no signal for the little guys like me to exploit. But as I've said Bollinger Bands for some reason seem to tbe pretty useful - far more useful than moving averages.

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