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To: The Perfect Hedge who wrote (4348)	12/3/1997 1:37:00 PM
From: Broken_Clock	Read Replies (1) \| Respond to of 95453

Glen, the determination of color is based on the open price and the close price...nothing else. It is possible to have a gap up(window) and a black candle.It is my understanding that this would indicate a lack of strength in the attempted trend reversal. HAL did go higher than the opening a short while ago. SLB and GLM haven't made it back up to the opening price...YET! I am still hopeful. HAL is back down below the opening price as of now. As I said before, It's a real battle in the trenches!

To: The Perfect Hedge who wrote (4348)	12/3/1997 1:38:00 PM
From: SJS	Read Replies (1) \| Respond to of 95453

Bolinger Bands query (someone can share their vast knowledge) I am using Internet Trader and it can display bolinger bands around the price tick (as well as minute and daily chart). I am wondering about the settings for these. 3 simple queries (and a few more to come later....<g>) and 1 longer one.. 1) What do people use for the Period? I am using 21 days. 2) For the BBH and BBL, what standard deviation multiplier is used? IT defaults to 2. Is that reasonable? 3) Is it reasonable to use BB around price tick graph, or use it on a daily graph, or both? 4) OK, now I have 3 multi-colored lines on my chart. How the heck does this help you understand what's going on? Any short advise here (other than go read a book) might be helpful. Thanks.