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Strategies & Market Trends : Steve's Channelling Thread

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To: Zeev Hed who wrote (719)3/25/2000 9:49:00 AM
From: Zeev Hed  Read Replies (1) of 30051
 
What a week for RMBS, I traded it 9 times for a net profit of $96/share ($70 of these on the move Tuesday and Wed), and I expect with the uncertainty of the Hitachi counter suit to see more fire work in the weeks to come. We are establishing a trading range of about $280 to $360, quite a wide range in which to trade the "channel", exactly what Steve intended this thread to be about.

Zeev
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