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


To: TREND1 who wrote (17416)6/8/2001 1:15:59 PM
From: Zeev Hed  Respond to of 30051
 
I am not sure if it matters, channel trading implies trading within the channel, some stocks do that trip daily, some weekly some monthly...Some never do.

Zeev



To: TREND1 who wrote (17416)6/8/2001 1:16:58 PM
From: The Freep  Read Replies (3) | Respond to of 30051
 
Larry, I'm still confused. And let me make this clear: I'm not doubting your calls in any way.

But if this is a new bull market, as you call it, what defines that? What can end that? You cannot throw out a term like that over and over but not define the parameters. Again, to me it doesn't matter if it's a new bull or just a rally, but to you it does.

Also, you say to Nancy that you can't answer her "new bull market question" unless you know what type of trader/investor she is. That doesn't make any sense to me. It's either a bull (with some expected dips, of course) or it's not. Her question wasn't whether she should be buying or selling.

Again, I'm not trying to clutter up the thread with this. I just want to know what the terms of a new bull market means. How I'll know if it's for real or a fakeout. ((EDIT: and if the answer is on your website, just point me there)) Of course you don't know when it'll end. No one does. But to me "bull market" implies something different than simply "a rally" and I wanna know if we're on the same page.

thanks,

the freep