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Strategies & Market Trends : Steve's Channelling Thread -- Ignore unavailable to you. Want to Upgrade?

To: orkrious who wrote (10188)	1/12/2001 12:58:51 PM
From: captain_midnite	Read Replies (2) \| Respond to of 30051

Was quite the "stop" sign at 3700. That is the top of the down channel for COMPX, giver or take, but I think we get through it this month. Just take a few knocks on the door? After this week...from the big reversal Monday afternoon after a low @ 2300 we retraced 400 points(~17%). Not bad after these last 5 weeks. Would like to see some decent back&fill now...as opposed to the all too common of late front&dump! Too bad about the Bus, am wondering abut these royalty rates now. Seemingly a bit lower than I always presumed. Good luck all...3 day weekend, don't forget MLK day no market! midnite