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Dan,
Thanks for the info. I haven't looked at a BB plot for a long
time, I'll take a look.
Jim
-----Original Message-----
From: HARELSDB@xxxxxxx <HARELSDB@xxxxxxx>
To: metastock@xxxxxxxxxxxxx <metastock@xxxxxxxxxxxxx>
Date: Saturday, September 12, 1998 2:54 PM
Subject: Re: Weekly Pick
>In a message dated 98-09-12 13:52:33 EDT, you write:
>
><< To expand it a little, I believe the DJIA is trying to set up a
volatile
>sideways or horizontal channel trading range between 7500 and 8000.
>>
>
>Jim,
>
>Your trading range theory has support from another direction. The 20
day
>Bolliger Bands for the DJIA are about 250 percent of the 200 day
average. It
>seems likely that the width of the Bands will move back towards the
mean in
>the near future.
>
>Dan
>Pocatello, ID USA
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