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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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