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Jack or Dave,
For those of us who don't know what the "butterfly" pattern is, could you
briefly explain it to us? There are a lost of posts on the topic which are
like so much Martian as the underlying structure is not defined.
Thanks ....................................... John
----- Original Message -----
From: "Jack Assante" <Blastoff@xxxxxxxxxxx>
To: <metastock@xxxxxxxxxxxxx>
Sent: Thursday, November 02, 2000 5:01 PM
Subject: Re:COHR
> Hey Dave,
> COHR , very nice . Even though it exceeded the prz which
appears
> to be in the range of 32.50 to 35. , momentum shifted the other way
shortly
> after that and
> the stock is experiencing a nice advance.
> Did u come up w/ approx the same numbers as me for the prz ?
> 161.8 of AB @ 35, 127 XA @ 32.50 , Alt. 127 AB=CD @ 35.
> COHR exceeded this zone by @15% before reversing.
>
> Jack
>
>
> David J wrote:
>
> > Jack
> >
> > I am surprised to hear you are seeing enough breakdowns to consider the
> > patterns of low quality. I am at the opposite end of the spectrum.
> >
> > COHR is a recent fine example. It is a butterfly bottom and really did
well
> > today.
> >
> > Were you entering the position when the stock hit the zone or did you
> > waiting for bar pattern confirmation?
> >
> > I am going to be on the road for a few weeks so if you reply and I do
not
> > return it please understand.
> >
> > ht
> > Mag
> >
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