BioCurex, Inc.(fka BOCX)

[dkeller18]

Bocxman, one other interesting tidbit. According to Bollinger theory, the lower band (which as you know is 2 std. dev. below the 20 period MA) represents an extreme oversold condition (and vice-versa for the upper band). A classic Bollinger double-bottom is when you have a pierce below the lower band followed by a recovery that usually fails at the median line (20 period MA) afterwhich a complete retracement of the recovery occurs that makes a HIGHER low WITHOUT piercing the lower band again (this was part of my thesis in grad school on TA and Market Efficiency)! If you look at the chart I just posted that is exactly what happened today. Let's see if I'm right. My work still supports a bullish resolution!

Doug