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


To: TREND1 who wrote (23176)8/7/2001 10:44:13 AM
From: westpacific  Respond to of 30051
 
IF DOW CANNOT BREAK OUT TODAY - around 10475ish. Then within one or two days it will be in FULL SELL mode.

All the best

West



To: TREND1 who wrote (23176)8/7/2001 10:47:49 AM
From: TREND1  Read Replies (1) | Respond to of 30051
 
Q update, etc:
JNPR and QQQ now have 4 point down channels.
Intersting how Nasdaq and QQQ now have 4 point down channels, but 4 out of 5 q's do not have down channels.
Need to understand more about all Q's vs Nasdaq.

Looking at all other indexes,wilshire, vle, sox, etc
clearing indicate down move under way.

Larry Dudash
PS: BEAR BEAR



To: TREND1 who wrote (23176)8/7/2001 3:04:27 PM
From: TREND1  Read Replies (2) | Respond to of 30051
 
MU TRADE UPDATE
(1) Shorted MU at 42.01 yesterday using channels.
(2) Move BUY STOP down to today's high of 41.75
(3) Locking in enough profit to pay comm(g)

Coments welcomed

Larry Dudash