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Strategies & Market Trends : Tech Stock Options

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To: Judy who wrote (5746)3/4/1997 1:26:00 PM
From: Kevin   of 58727
 
I doubt Greenie will be much of a factor tomorrow. #1 His comments today were good #2 FOMC is 3 weeks away and that's when we'll have to worry what Greenie thinks.

%b = (stock closing price - bottom band value) - (top band value - bottom band value).

When stock is near top BB and %b is near 1, most likely you will see a stall/fall. When stock falls near lower BB & %b is near 0, the stock should stall/rise. %b is a confirming indicator for whether or not the stock will stay within its BB.

Am I a scarey person to talk to? None of the newer members on this thread post me. Maybe they think I'm an a$$hole :) That's o.k. My wife thinks the same thing, but she adores me anyway! Hee hee....nice guy finishes last once again!

Take Care.
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