Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical Analysis - Beginners -- Ignore unavailable to you. Want to Upgrade?

To: Robert Graham who wrote (7214)	12/7/1997 10:25:00 AM
From: gonzongo	Read Replies (1) \| Respond to of 12039

Dear Bob: You said: "the BB can also be used as a dynamic measure of the volitility of a stock. This is imortant because when the bands are widening, there are more trading opportunities. When the bands are contracting, there are less trading opportunities. However, the longer term investor can see this as a contraction of a trading range that precedes a breakout that they are looking for. " This I understand and use in every chart using 8 day BB's. But since the Bollinger Bands are "elastic" they do not measure for me anything IMO. So a move up to the band is "useless" for me because the band will change tomorrow. Like I said I don't understand them- I have read Bollinger's work and I use them daily to measure volatility of trading range. andy