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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (55474)	10/14/1998 4:24:00 PM
From: HairBall	Read Replies (1) of 58727

lisa: The Dow normally reaches some sort of high when it rallies up near or just above the top of that band. When using envelopes, one must realize that in extreme market moves, these bands are of little use! Bands are useful for predicting moving trading ranges when the market is NOT so volatile! I am very surprised Favors is relying on this indicator at this time and especially publishing it! If it works it will be luck! JMHO BWDIK Regards, LG

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