Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: TREND1 who wrote (23306)	8/8/2001 10:32:54 AM
From: stomper	Read Replies (2) \| Respond to of 30051

Comments welcomed Um, channel trading doesn't seem very profitable. -vbg- -dave

To: TREND1 who wrote (23306)	8/8/2001 10:39:41 AM
From: Steve Lee	Respond to of 30051

Larry, when using charts remember news changes everything. There was some news about Toshiba cutting back production. As far as DRAM prices go, I consider this to be a non event. However, I used the expected pop to increase puts, and it looks like someone else also used it to dump a load of stock at 10:30. Anyway, your trade was a profit and my puts are still negative, so congrats on a profitable trade. Edit - another big dump at 10:38 and now MU is back below your stop limit.