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Strategies & Market Trends : Steve's Channelling Thread
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To: TREND1 who wrote (23237)8/8/2001 10:30:24 AM
From: TREND1  Read Replies (2) of 30051
 
MU CHANNEL TRADE UPDATE
(1) MU buy stop was set at 41.75
(2) Actual buy to cover trade is 41.90
(3) Shorted MU at 42.01
(4) Gain on MU short was 0.3% (maybe enough to pay comm)
(5) Will post final MU chart on my web site later in day.

Hope this helps in understanding channel trading.
This concludes my examples.

Comments welcomed

Larry Dudash
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