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Thursday, December 06, 2007 11:52:45 AM
But the thing is... we want volatility to get out of the 000s. If the B. Bands tighten (the measure of volatility) we're pinned to one PPS. Check the charts of any stock you like and notice PPS changes as the B. Bands spread. That's the signal that growth and volatility walk hand in hand.
That's why striking (smacking) the ask is CRITICAL for growth. When people do that, they spread the PPS and the B. Bands. That's the cause of growth when one strikes the ask.
Hold on guys, the moment the B. Bands spread on this one, it's game over for anyone who waited.
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