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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (715)3/24/2000 2:29:00 PM
From: rfisher  Read Replies (1) of 30051
 
Zeev, let me get this straight. You say CDTS should close above yesterday's high to indicate a reversal. However if you look at the last 26 days of trading, there have only been 5 days like that. I see six such closes for SCON during the same period. On Wednesday both closed a fraction over the previous day's high. Thanks in advance for your reply.
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