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To: Thean who wrote (12253)2/20/1998 11:36:00 AM
From: JZGalt  Read Replies (1) | Respond to of 95453
 
I'm not a big fan of trying to use BB's to decipher the direction of stocks in the near future. What I have found useful is to look at Money flows (30 days average) and OBV in conjunction with a relatively slow moving MACD (34,89, trigger 13).

Use:

cbs.marketwatch.com to see these indicators.

Although looking at the BB's, TMAR is not unique, if you look at the money flows and the OBV, you can see a decide upturn in the past 5 trading days. Someone has been buying this stock.

----
Dave



To: Thean who wrote (12253)2/20/1998 11:42:00 AM
From: Broken_Clock  Respond to of 95453
 
Thean,

Lokks like all the traders have made their positions.The Kofi Anan news will no doubt determine our course for the next week anyway. Those BBs should stretch one way or the other on Monday.
PK



To: Thean who wrote (12253)2/20/1998 1:20:00 PM
From: SJS  Read Replies (1) | Respond to of 95453
 
Thanks. Appreciate the help. RON's pincer is nowhere near as pronounced, but may get that way in a few days or weeks. Now, TMAR has a very pronounced one.

Maybe that signals a good call writing opportunity, as the stock stays flatter, without large momentum moves of late.