the essence of a channel: 1) trend, 2) near term oscillation
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it will probably make more sense if you read my posts 2 days ago: GOOG, 2006/08/15, it's yesterday once more. (pic) 來源: noMatter 於 06-08-16 07:50:49 don't overlook the little channel, last time around here it bounced 5 or 6 times with 15-20 points each time