Steve's Channelling Thread | Stock Discussion Forums

Strategies & Market Trends: Steve's Channelling Thread

Posts: 30051 | Member SubjectMarks: 171 | No Bans

Add SubjectMark | Hide Original Post | Show Chart | Poster Summary | Share This Board

Moderated By: Steve Lee -- (Not Moderated) -- Started: 10/10/2001 9:15:46 AM Revision History

Here is a thread to swap ideas on channelling.

Channelling is where you buy a stock when it looks like it is going to bounce off support, and sell it when it looks like it is going to bounce off resistance.

Or you can buy calls when the underlying is at support and sell at resistance. Or vice versa with puts.

The thread is to help each other identify stocks with good volatility and easily discernible support and resistance levels.

My own emphasis lies on watching NDX 100 components and QQQ, a tracking fund stock for the index itself. I also watch some other tech stocks not in the index. Comments on non tech stocks are welcome.

Previous 10 | Next 10 | View Recent | Post Message

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Date
30051	No, you are right, this is not a good divergence. Zeev	Zeev Hed	-	09/03/2002 04:58 PM
30050	***OT*** Frank, SI's PM is on the rocks, so I cannot respond to your P	Zeev Hed	-	09/03/2002 04:57 PM
30049	Zeev, today the naz tics were anemic but the trin suggested that the tics should	Rick Storm	-	02/25/2002 08:27 PM
30048	Steve, I'm 5 days late but here is a good non-tech channel stock: VLO stock	Jimbobwae	-	12/22/2001 05:42 PM
30047	Make that 650 biiiiiiiiiiiiiiiiiig points now. Just wondering if you have any m	JeanD	-	12/05/2001 05:56 PM
30046	Well as of today it's been a bounce of like 500 points - and still no sign o	JeanD	-	11/15/2001 10:15 PM
30045	Sorry for the Delay Zeev (been absent from AI for awhile), but I not only did no	Andrew Vance	-	11/07/2001 01:17 PM
30044	Not impressed with last couple of days of up action. No shorts - only puts - so	Steve Lee	-	11/06/2001 07:56 PM
30043	Hmnnn....Speaking of posts did someone go short and load up and buy puts here ar	Rich1	-	11/05/2001 10:45 PM
30042	I love reflecting on posts like these of yours. How much you paying for that so	JeanD	-	11/05/2001 10:20 PM
30041	No puts expired today. Puts expire on the third Friday of every month.	Steve Lee	-	11/02/2001 03:32 AM

Go to reply# or date (mm/dd/yy):