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Strategies & Market Trends : Steve's Channelling Thread

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To: TREND1 who wrote (18190)6/18/2001 12:09:34 PM
From: Zeev Hed  Read Replies (2) of 30051
 
By putting orders under the market, (like the quintet earlier today). Then hoping to get filled near the bottom of the channel and sell near the top. It worked with the semi equip (three wins and a loss), and IDPH, the quintet, has been above and below the buys points and I am waiting to see what happened to my lunch rally to bail out g). It does not always work, but often enough. MERQ is just reaching the bottom of its channe, so I jumped in here at at $51.69.

Zeev

In edit, back in IDPH just under $73, maybe I can get another trip?
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