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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Robert Graham who wrote (3528)10/2/1997 12:05:00 PM
From: Chris   of 42787
 
hi bob.

my recent experience showed that once breakout is occuring, it's very hard to time the pullback..

I've seen this happen with PACC and EMC <g>

Pullback might consists of 1-2 days slowing in price upward movement, and then it takes off again b/c of the overwhelming power of the breakout.

I don't have a strategy if one is looking to enter if breakout is already achiveved. I think if the breakout is about 5-8%, then one should enter the position. IF the breakout is 20%+, then i would wait for the next "pullback"..

again, just some ideas. not sure what i wou;d really do ;)

Welcome back buddy. i enjoyed you posts at iqbal as well..

Chris
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