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Strategies & Market Trends : Classic TA Workplace

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To: Henry J Costanzo who wrote (194029)	9/21/2011 7:07:12 AM
From: sylvester80	Read Replies (1) of 209892

Maybe for 20 years, but I disagree about the 3 year significance of a log scale. If you turn OFF the log scale on that chart and you will see what I was talking about... in any case, we will know soon enough if the channel is of any importance... if it does not pierce the top trend line and instead stay within the channel, this channel maybe of some value as it has been to me for the last 3 years (sell the top touch and buy the bottom touch; and sell everything on a pierce below the bottom of the channel... after all channel's are meant to be broken...)

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