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Using Bollinger Bands

Very nice site–and who is the prettyredhead. Well, my dear, hate to be prickly, but I’ve got to stand up forBollinger Bands. I don’t know what the textbooks insist on the matter,but BBs do work well, e.g. in outlining range and breakout areas;trades off the top and bottom bands (in conjunction with pivot points,etc.); price returning to the moving average mean, etc. No indicator works all the time of course, but because BBs work often enough (forme), they are an essential part of my tool kit. Cheers, Greg