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Richard,
You posted the following a while back:
>... the contraction is only reasonable use of BBands. Buy or sell the
>break, don't try to guess. The length of time in the contracted state
>approximates the length of time in the movement.
Given this, what's your TA on Compaq (CPQ)? I'd like to be sure I am
understanding you properly and I think CPQ now qualifies (as of today's
action) but would appreciate your expert opinion. I am studying stocks
that have a Bollinger contraction of at least 35% (as computed by a 200
SMA of the spread).
Also, what experience or TA has led you to the approximation of the
length in movement?
As always, TIA.
David Walton
davidwalton@xxxxxxxxxxx
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