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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Moominoid who wrote (13334)5/11/1998 2:40:00 AM
From: Linda Kaplan  Respond to of 213177
 
Thanks David. L



To: Moominoid who wrote (13334)5/11/1998 9:11:00 AM
From: Moominoid  Respond to of 213177
 
My Apple TA Chart is now up on my website:

cres.anu.edu.au

It is an Excel 4.0 chart. I'll update it from time to time. The basic approach is that when the price hits
or punches through either the upper or lower 34 day Bollinger Band it is likely to start moving the
other way.


Actually I just realized that this isn't the conventional Bollinger Band but a slightly different variant - anyhow it works better in finding major turning points than the conventional Bollinger Band.

It's calculated by calculating squared deviations of the close price from the current value of the 34 day MA and then finding the square root of the average of these over the last 34 days. 2 times this special standard deviation is then added and subtracted from the 34 day MA to give the upper and lower bounds as in the conventional Bollinger Bands.

The turning points then coincide very nicely with the turning points found by my method that involves the autocorrelation coefficient.

David