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Strategies & Market Trends : Steve's Channelling Thread

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To: ajtj99 who wrote (23029)8/6/2001 9:43:00 AM
From: TREND1  Read Replies (3) of 30051
 
aj99 and all other bears.
Q's now have down channels.
Q's up channels are getting wider, not good for bulls.
Will not decide until 1 hour before close, if this
down move is for real.

MU did it's down move at the open.

Sure looks like "down channels" are taking over.

Hope that helps the bears

Larry Dudash
PS: Sorry, but channels do not catch exact tops nor bottoms.
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