Omni: Bollinger band question
When you say you like to see the stock consolodating near the upper bollinger band, first of all, you mean you like to see it trading sideways, or actually consolodating for a short time? I'm just having a hard time remembering a chart where the stock stayed near the upper bollinger the whole way during a consolodation period. My problem, and my real question, may be this... What are the settings you use for your bollinger bands? 10, 20, 30??? or something else, and what's the differance. Thanks.
Every stock I post on that I said I've purchased, if you see it quick enough, its a buy recommendation. Unless I posted to sell it, then its a sell recommendation. I'll go ahead and take the blame for any money you lose, or win.