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Books : Bollinger on Bollinger Bands

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Rating: 4 out of 5 stars - Very Good But Not Great Book
Learn B Bands from the man who invented them. Not the best investing book in the world but a very good book. You can make money if you follow his rules.

I had the pleasure of meeting Mr. Bollinger at a seminar and he is a very decent man. He is one of the few knowledgable good guys they have on CNBC. CNBC should give John B and John Murphy a show together on technical analysis.

CNBC should fire that creep James Cramer and some of their other flacks like Suze Orman.



Rating: 3 out of 5 stars - A thorough explanation of Bollinger Bands...
This book gives the reader a completely thorough explanation of Bollinger Bands. In fact, you will learn about the history of bands, how they are created, and how they can be used for trading. To that end, I enjoyed the book as it greatly expanded my knowledge of the topic. However, I was somewhat discouraged by the lack of actual trading examples. I found little in the book that would lead me to use BOllinger Bands in my trading. This book is good because of its theoretical underpinnings, but if you are looking for something to help your trading, look elsewhere.



Rating: 3 out of 5 stars - Bollinger On Bollinger Bands
This book is written by a rather important contributor to the art/science? of Technical Analysis. Consequently, I looked forward to its arrival and spent most of one night reading it over.
It starts off well -- John seems to be writing for the novice reader -- for example, his descripton of relevant 'statistics' is in chapter nine out of twenty-two and seems pitched toward a reader that had no familiarity with the subject at all. In addition, he ends each chapter with his 'Key Points to Remember.' These are excellent summations of the material in the chapter. He has developed '15 Basic Rules' that are placed at the conclusion of the book and in a pullout cardboard section in the back. These rules are very helpful. His glossary, bibliography, and index are all focused and helpful.
The main drawback is that I came away with little increased ability to actually use the Bollinger Bands as a critical indicator in stock analysis. That is, the sections on 'volatility breakout' and 'reversals' required three reading to understand. I still don't know if I'm doing it right. The method called 'trend following' is easier to understand and apply.
In conclusion, this book is very readable in the first half but the applications, in the last half, are somewhat arcane. Still, it is worth reading again -- which I will do next week.



Rating: 3 out of 5 stars - Good, as far as it goes...
I have a lot of respect for John Bollinger and his approach to the market. This book does a better job of explaining Bollinger Bands than any other book I'm aware of.

That being said, this book is still rather light on useful content. Too much space is taken up with historical filler, and most of what's in here can be found on the Web if you're willing to do a little digging...



Rating: 4 out of 5 stars - Good book for beginners
This is an interesting and easy to read book. It provides the reader with an in-depth explanation of Bollinger Bands and its interpretation and application. The book expands a bit more on how to apply the bands to trading strategies, but it falls short on a more detailed trading system with the bands. For instance, stop-loss, entry, exit, ect. It is a book about the study of an indicator, and that's about it. Nonetheless, it is worth reading!

Unfortunately, the book fails to provide a more detailed explanation on the most interesting aspects of the bands: The squeeze. The squeeze of the bands itself does not tell the trader too much, except that the price action is bound for a strong move. However, it is possible to combine other indicators so to have a solid idea which way the move is going to occur.


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