Tuesday, March 22, 2011

Bollinger Bands

I find that these guys can calm my nerves when my stock is down. If you don't know what I'm talking about, go to Yahoo Finance.
1) put your stock symbol in "Get Quotes"
2) go to "Basic Tech. Analysis"
3) go to "Bollinger Bands"
If your stock falls below the lower grey line, it's still a good buy according to this Bollinger guy. My stocks that I'm losing my butt on usually qualify as good "buys".
Who knows with fickle "Mr. Market"?

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