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Re: [RT] Donchian Bounce



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Never heard of that pattern , I have read everything I could find on 
Donchian. Was this part of his description of the channels? Could you briefly 
describe the set-up. Looks like it is the automatic rally off the decline.
Thanks
BT
<BLOCKQUOTE 
style="PADDING-RIGHT: 0px; PADDING-LEFT: 5px; MARGIN-LEFT: 5px; BORDER-LEFT: #000000 2px solid; MARGIN-RIGHT: 0px">
  ----- Original Message ----- 
  <DIV 
  style="BACKGROUND: #e4e4e4; FONT: 10pt arial; font-color: black">From: 
  Gene Pope 
  
  To: <A title=realtraders@xxxxxxxxxxxxxxx 
  href="mailto:realtraders@xxxxxxxxxxxxxxx";>realtraders@xxxxxxxxxxxxxxx 
  
  Sent: Monday, April 08, 2002 10:13 
  PM
  Subject: [RT] Donchian Bounce
  
  Once again, on 120 min COMPX, we have a strong 
  Donchian bounce pattern... target once again is the midline, or opposite 
  channel... green previous high is upward resistance. On balance volume (green) 
  did not dip as low as price action.
   
  Best regards,
   
  Gene PopeTo 
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