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was builder

10/22/09 3:20 PM

#3175 RE: Logic1 #3174

Its not critical. Just one of many indicators used to predict future movement. Use this in conjuction with moving averages, rsi, adx, and others to help. But generally speaking close bollinger bands indicate support near the current price and consolidation. Use the other indicators to predict when the stock will breakout. In this case it is imprortant that they are closing to protect the trendline. JMO. And others will have many different calls on it. builder