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Strategies & Market Trends : Trading the SPOOs with Patrick Slevin! -- Ignore unavailable to you. Want to Upgrade?

To: Patrick Slevin who wrote (6882)	10/5/2001 6:19:17 AM
From: fut_trade	Read Replies (1) \| Respond to of 7434

"signing up for a seminar John Bollinger" I forgot to mention Bollinger Boxes. You know Point & Figure charting, with it's method of assigning different size boxes to different price ranges. Bollinger derived some simple formula to relate box size to price (I think square root of price to be precise) so that there is a gradual transition to different box sizes instead of jumps. He says that as long as a computer makes the chart, it's not difficult. By hand, however, the traditional way is preferred. If I recall correctly, instead of doing a 3-box reversal, one would simply reverse on a pullback from the high by a certain percentage related to the square root of price. BBoxes mimic P&F charts very closely, except for the difference due to abrupt box size changes in P&F. I'm sure Bollinger has a lot of interesting stuff to cover, especially with applying Artificial Intellegence to stock selection and sector rotation. Between BBands, BBars, and BBoxes - there has got to be something interesting there :)