here is another interview
http://forum.equis.c...ShowThread.aspx
John Bollinger interview
Started by
Chilidawgz
, Dec 29 2006 07:26 PM
11 replies to this topic
#11
Posted 02 January 2007 - 02:12 AM
Anything can happen...what's happening now?
No one can forecast the future. No one.
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
#12
Posted 02 January 2007 - 12:56 PM
Chilidawgz,
A question on your chart. The Red 3 period EMA. What is that the average of and what does the (0.65) stand for?
the 3 Day exponential average is of the NASDAQ up volume divided by the down volume. The EMA smooths out the data. The .65 refers to the scale at the left which is not important. What is important is when the EMA turns after price hits the Bollinger bands. That's where price may be turning. Of course you don't make your bet on one indicator
Thanks, very interesting. I guess in my data feed I have that for Nasdaq and S&P I've got the up/down volume and can play with that later today.
In the end we retain from our studies only that which we practically apply.
~ Johann Wolfgang Von Goethe ~
~ Johann Wolfgang Von Goethe ~