Bollinger Bands consist of a middle band with two outer bands. The middle band is a simple moving average that is usually set at 20 periods. A simple moving average is used because the standard deviation formula also uses a simple moving average.eveloped by John Bollinger, Bollinger BandsÂ® are volatility bands placed above and below a moving average. Volatility is based on the standard deviation, which changes as volatility increases and decreases. The bands automatically widen when volatility increases and narrow when volatility decreases.
November 15, 2012. Jack Caveney Sr., founder of Panduit, recently passed away. A statement issued by Panduitâs chairman and chief executive officer John Caveney said, âJack fought a long, courageous battle with cancer over the past 15 years. During this time he showed the same fortitude, courage and perseverance that he displayed in the execution of his lifeâs workâbuilding a world-class company.
In 1929, the modern tampon (with applicator) was first invented and patented by Doctor Earle Haas who wanted to invent a tampon that could be effectively mass produced. Earle Haas filed for his first tampon patent on November 19, 1931. His patent description was for a catamenial device, derived from the Greek word for monthly. He later trademarked Tampax as the brandname for his tampon product. Gertrude Tendrich founded the Tampax company for the mass production of tampons after buying the patent and trademark rights from Earle Haas. Tampax Tampon Patent (Dr. Earle Haas) #1,926,900 Tampax enjoys its fame from having sold the first tampon with an applicator (1936), patented by Dr. Earle Haas of Denver, Colorado.