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

To: Zeev Hed who wrote (27934)9/19/2001 4:32:11 AM
From: LTK007  Respond to of 30051
 
<One thing is still worrying me and that is that neither AMAT nor MU have reached my target lows ($25 and $19 respectively) for the cycle,> well both AMAT and MU today broke through on the downside their channel that i have just drawn from OCT 98 to now--your 25 and 19 look much more likely now than on Monday.Max p.s. but so did the ^soxx. But using Nov.2000 low and Jan2001 high,i get a nmean descending channel for soxx.FWIW


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