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To: Montana Wildhack who wrote (6034)12/3/2000 8:06:04 PM
From: Mark Bartlett  Read Replies (2) | Respond to of 14101
 
Hi Wolf,

Here is a prediction from me - if we get a UK partner announcement this week and the market likes it AND it comes with some decent up front $$$ and royalty numbers, I think we will be knocking our heads at the 12 dollar resistance level very quickly.

MB



To: Montana Wildhack who wrote (6034)12/4/2000 12:08:32 AM
From: Cal Gary  Respond to of 14101
 
Re Bollinger Bands

stockcharts.com

Good tips on how to calibrate BB bands and summary. BB does not predict future price direction. It does a good job at measuring volatility. Good for options play.

Conclusions

Even though Bollinger Bands can help generate buy and sell signals, they are not designed to determine the future direction of a
security. The bands were designed to augment other analysis techniques and indicators. By themselves, Bollinger Bands serve two
primary functions:

To identify periods of high and low volatility
To identify periods when prices are at extreme, and possibly unsustainable, levels.

As stated above, securities can fluctuate between periods of high volatility and low volatility. Being able to identify a period of low
volatility can serve as an alert to monitor the price action of a security. Other aspects of technical analysis, such as momentum,
moving averages and retracements, can then be employed to help determine the direction of the potential breakout.

Remember that buy and sell signals are not given when prices reach the upper or lower bands. Such levels merely indicate that
prices are high or low on a relative basis. A security can become overbought or oversold for an extended period of time. Knowing
whether or not prices are high or low on a relative basis can enhance our interpretation of other indicators and assist with timing
issues in trading.