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Posted by Charlie Perrin on March 8, 2007, 11:49 pm
On 8 Mar 2007 13:07:30 -0800, "ChartFilter" wrote:
>Bollinger Bands provide several useful signals, including confirmation
>of trend and an indication of volatility.
>John Bollinger has written that, "Trading bands are one of the most
>powerful concepts available to the technically based investor, but
>they do not, as is commonly believed, give absolute buy and sell
>signals based on price touching the bands. What they do answer is the
>perennial question of whether prices are high or low on a relative
>basis."
John Bollinger's net worth is roundoff error for Warren Buffett... who
uses the seat-of-the-pants investing method.
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