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To: Doug R who wrote (2293)11/30/1997 2:35:00 PM
From: ivan solotaroff  Read Replies (2) | Respond to of 2403
 
Bollinger Bands

Doug:

What used to be DBC and is now CBS Marketwatch offers simple Bollinger Band charting capacity.
cbs.marketwatch.com
I don't know the theory, but was looking at the chart for IOM, using the default setting of Period=9, Std. Dev=2, and noticed that every time the bands tightened on IOM it popped for two to five days after. It looks like it may be another day or two before they do the same again.
Can TA be that easy? Doubt it.

Ivan

PS: If you get a minute and remember about OLGC would be obliged.



To: Doug R who wrote (2293)11/30/1997 3:20:00 PM
From: freelyhovering  Read Replies (2) | Respond to of 2403
 
Doug--Radaf 3,1,2 jives at 100 on Friday close. FMDAY--The 3,1,2 says its time to buy(right?) On 11/17,18,19 it was at 50 with the price at .81. On 11/20 the avg. moved to 25 and the price dropped to .75. On 11/21 the avg. moved to 50 and the price to .84. Then on 11/24, and 25, the avg moved to 100 and the price went to 1.00 on both days. There was a retraction in the avg. on 11/26 and 28 to 50 but the price stayed at 1.00. On the 13/8/8 stochastics, the readings from 11/20 to the present have been 87,88,88,87,86,and 85 on Friday. Here, I am going to cheat like I ask you not to and add other indicators as I really like the looks of this one. I think it is a MIMBO that just broke out at @ .85 and also showing buys in Moneystream, TSV, OBV, and 5/13/40 configuration. BOP shows selling on the 1 day chart, but tremendous accumulation for the last 5 months. Do you agree on the MIMBO. It seems to have a high BO also that appears quite bullish to my untrained eye. Myron