Channeling Stocks

[sludgehound]

I'll be adding Bottom baseing next week

Good idea billy. I know we all like to pick from
the floor sometimes like good pricehounds. Also
that Amateur-Investors writer is big on baseline breakouts.
His baseline though can be ave 6 months w/ thin Vols
at end of that at breakout time AND w/ rising Vol.
Here's little piece on rounding tops. Very tricky
pattern to spot when in such a trade. Start thinking
beast can go either way. "It's ready for another leg
up" "If it drops 5% more, I'm out"...but then never do
ending up as bagholder or buying more later at lower
prices hoping to recoup.
When to sell is tough. Some go by % of run, some use
fading MoMo or spurts w/o Vol then a final high Vol
spike as exhaustion sets in.
Let's hope Vols pick up more.