Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : 3DFX -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (8791)	11/4/1998 6:29:00 PM
From: Daniel P. Dwyer	Read Replies (1) \| Respond to of 16960

Sun Tzu, Point of Education. I understand (I think I do) Bollinger bands are formed by adding volume to price movements. Can you give me a more price formula for constructing them, so I can have a better appreciation of them. Or, tell me a good book or article to read about it. TIA. Dan Dwyer

To: Sun Tzu who wrote (8791)	11/4/1998 7:01:00 PM
From: Mike Sesan	Read Replies (1) \| Respond to of 16960

Sun, What parameters are you using for Bollinger's Bands. I show we closed 17% above the upper band indicating chances of a higher move based on the strength of the trend using linear regression and r-squared value. Bollinger recommends parameters of 20 for time periods, 2 deviations and simple method for moving average. In addition, continuation up is probable because we closed outside the bands with a steep trend. The band widths are narrow implying less volatility. We could get a slight pullback but all in all the chart looks healthy as long as the market holds up. Mike