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Re: C C post# 8198

Saturday, 02/24/2007 5:26:28 PM

Saturday, February 24, 2007 5:26:28 PM

Post# of 140146
Howdy cha-ching...funny you should mention channeling...thats exactly what I am working on...finding good reliable channeling stocks that I can use as a watch list for the RSI 2/5 indicator I am messing with.It is my opinion that a narrow field of this type of stock can be the most advantageous way to use the indicator...IOW keep several on watch and as one is bullish another is bearish and when RSI targets hit ..either buy or sell depending on the cycle.Right now I am looking at several in various stages of Linear regression but once again it appears to me that the super cheap plays are undependable as channelers...they just seem to stubbornly downtrend with occasional bounces.I'll put you to work...find some good channelers and I will check them out and as I see prospects I will post them as well.Be kinda nice to have a "board list" that can be trusted to go through the bear/bull cycles predictably with everyone able to ride the waves.

Simple

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