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Thanks Jim.
George.
At 20/07/99 17:31:00, you wrote:
>
>George,
> No, the channel stays the same since we haven't hit any new highs.
>However, since it slopes up to the right, the price at the bottom of the
>channel will be a little higher every day. After several days, or even
>weeks, depending on the slope, it will gain a full point. Since I normally
>move my stops up in one point increments, I will raise it 1 point there, but
>could go up in 1/2 point increments for real low priced stocks
>
>JimG
>
>----- Original Message -----
>From: George Ashton <golden1@xxxxxxxxxx>
>To: <metastock@xxxxxxxxxxxxx>
>Sent: Monday, July 19, 1999 6:06 PM
>Subject: Re: JimGreening - Standard Dev Channel
>
>
>> Jim,
>>
>> So you are saying, that even though no new high has been reached, you will
>> still move the channel after a period of time?
>>
>> George
>>
>> At 17:30 19/07/99 -0700, you wrote:
>> >George,
>> > That's essentially it. Actually what happens is sooner or later it
>is
>> >time to raise the stop and if the stock has moved sideways out of the
>> >channel, it will be below the new stop.
>> >
>> >JimG
>> >----- Original Message -----
>> >From: George Ashton <golden1@xxxxxxxxxx>
>> >To: <metastock@xxxxxxxxxxxxx>
>> >Sent: Monday, July 19, 1999 5:11 AM
>> >Subject: JimGreening - Standard Dev Channel
>> >
>> >
>> >> Jim,
>> >>
>> >> I know how to handle stocks that break out of the top or bottom of the
>> >> channel! How do you normally handle a stock that tracks sideways out of
>> >the
>> >> channel in a set pice range without triggering any stops except the
>> >> channel?? Do you give it a certain amount of time and then give it up
>as a
>> >> bad job?
>> >>
>> >> George.
>> >>
>> >
>> >
>> >
>>
>>
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