No, I agree. The market is bound by the range established early in the year. Until that range is broken and the break is maintained, it's all just a guess. (Doesn't mean there is no money to be made, you know. Buy the bottom of the range, sell the top of the range... lots of noise between.)
Yeah, lots of money to be made trading the channels. I've sharpened my charting skills because of this current market. I got sloppy and out of some of my previous habits.
