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Technology Stocks : The New QLogic (ANCR) -- Ignore unavailable to you. Want to Upgrade?

To: Rick Smith who wrote (14967)	3/11/1998 2:23:00 PM
From: Eleder2020	Read Replies (2) \| Respond to of 29386

>>>Bollinger Bands on ANCR. Upper 8 1/2 Lower 6 3/4 Kind of stuck in a very narrow area right now. I sold and am looking to get back in.<< If the BB's have any say in the matter, I think they indicate we will be in a tight trading range for about another 4-6 trading days. If this happens, it would indicate a major move to follow. In the past, the tighter the bands, the more compelling the move that follows. Just an opinion- Ed