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Pastimes : ASK Vendit Off Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: sandintoes who wrote (11800)4/25/2000 8:55:00 PM
From: Guardian  Read Replies (1) | Respond to of 19374
 
Only learn from one who can explain life in metaphors; for therein lies the truth:

"Envision a wet bar or soap. This is the price of the stock.
Now envision your hands as the bollinger bands.

"Now take the soap (the stock price)in your hands and squeeze it.(i.e. ever tightening bollinger bands) What happens to a bar of wet soap when squeezed? It moves violently in "a" direction. The same happens to a stock when the bollies get tight. That is a signal that a violent directional move is about to take place. The trick is to determine which direction the move will be."



To: sandintoes who wrote (11800)4/26/2000 6:45:00 AM
From: Vendit™  Read Replies (1) | Respond to of 19374
 
Sandi

Ill be tied up the next few days dealing with some issues with one of my businesses. Ill get with you in voice this week when we both have a few minutes or as long as you would like. Bollinger Bands are easy and a very powerful tool. I'd love to teach you how to read them.

Reid


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