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Technology Stocks : PairGain Technologies -- Ignore unavailable to you. Want to Upgrade?

To: ratan lal who wrote (20935)	2/24/1998 2:10:00 PM
From: Rick Smith	Read Replies (1) \| Respond to of 36349

ratan: Now you've got the idea. The bollinger bands determine if the stock is oversold or overbought. The tendancy of those trading PAIR is to buy when oversold and sell when overbought. That's why they are useful on this stock. The great thing about the bands is that they will move with the stock and generally will provide ever increasing targets on the way up. Starting with a two point upside target, there are many times when you can actually get considerably more out of the stock. Good Luck. R..