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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: CJ Owen Critchley who wrote (50)2/6/1998 8:53:00 AM
From: Wayners  Read Replies (2) | Respond to of 927
 
I looked at GERN. Up 3/16 yesterday. The bollinger bands are really narrow and have been very narrow for awhile now. There's a lot of indecision on the part of traders as to which direction this thing should go. You might want to cover here and wait to see which way it breaks and then hop aboard the train. Or you might want to cover here and reshort on the next peak. Hard to make money without additional volatility. I'd say the bias is to the downside, but you never know for sure.