ARTICLE SYNOPSIS ...Put Volume Indicator by John Bollinger Although it has been mined for many years, one of the richest veins in technical analysis remains the sentiment area. Here, money manager and market analyst John Bollinger discusses one such indicator. The essential idea behind all sentiment work is that the road less traveled is likely to be the more profitable one. By studying and monitoring the ebb and flow of speculative sentiment, the savvy investor should be able to determine when to veer off the more congested trading path to explore new territory outside the accepted norm -- often known as contra...
ARTICLE SYNOPSIS ...Using Bollinger Bands by John Bollinger Trading bands, which are lines plotted in and around the price structure to form an envelope, are the action of prices near the edges of the envelope that we are interested in. It's not the newest of ideas, but as John Bollinger of Bollinger Capital Management points out, it's one of the most powerful concepts available to the technically based investor, answering not whether absolute buy and sell signals are being given but whether prices are high or low on a relative basis. Trading bands can forewarn whether to buy or sell by using indicators to confi...