Of what use is a Bollinger Band anyway? With stocks, you don't really want to go by selling when they are near the upper band because a stock typically rides the upper band all the way up a monster climb. The only time you should be trading in the center of the band is when the stock is wandering and doing nothing. Do you buy a stock to wander or to do a monster climb?
Bespoke's Commodity Snapshot (1/12/08) [View article]