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To: Richard Estes who wrote (7155)12/1/1997 1:52:00 AM
From: shasta23  Read Replies (1) | Respond to of 12039
 
Hi Richard!

You're right about the "outside of bands". When i look at some stocks then i see that the strong movers have their low of the day inside the band and the high clearly outside. It looks as if they are riding the upper BB like a wave. What i meant is if the whole day including the low is outside it falls back into the inside of bands and even goes to the 21EMA or 14EMA maybe in a form of exhaustion of buyers. There it regroups for a new attempt to reach the upper BB to "start surfing again".

Stefan

P.S.HAve to look into the regression and standard error bands...
P.P.S:found the standard error bands in MSWIN but not the regression bands...different software program or did i overlook it?