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To: Tony Viola who wrote (48922)2/26/1998 3:52:00 PM
From: Jim McMannis  Respond to of 186894
 
Tony,
RE: "Intel and Compaq stock prices, the TA's are saying we ran into a Bollinger Band"

One of the most Interesting things about TA is that overbought and oversold levels seem to correspond with news events resulting in a change in trend at these points. I have no statistical data on this phenomenon so it could be an illusion or just the tail wagging the dog...
Regards, Jim