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Technology Stocks : EMC How high can it go?
EMC 29.050.0%Sep 15 5:00 PM EST

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To: dennis michael patterson who wrote (4959)3/18/1999 11:49:00 AM
From: SJS  Read Replies (3) of 17183
 
Probably someone much more versed in the technical aspect could chime in here, but the BB's are envelopes that represent 2 standard deviations away from the moving average (simple, I believe). The piercing occurs with huge gaps up or down, which must get filled.

Try this: e-analytics.com

They advise using BB with RSI, making quite a powerful indicator of overbought and oversold conditions....

Steve
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