Quote from manlycure:
I look at bollinger bands merely as a "trailing" confidence zone which has statistical significance but little predictive value for any "specific" future price.
I dunno. We are 25+ points up from the bounce line as we speak. I did expect a bounce, although the DJX went through its weekly BB and the NDX didn't get close enough.
I guess one has to know which index to pick, but that's why I have the Memo to help me...