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Strategies & Market Trends : Point and Figure Charting

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To: Eagle who wrote (22693)7/28/1999 11:22:00 AM
From: Ms. X  Read Replies (2) of 34810
 
Pullbacks are always good especially on strong stocks. As long as you have a good risk reward with the market indicators being negative. Remember, you must always take into consideration the market risk when entering a stock.

When a stock reaches its top and pulls back that is very very normal and expected. It doesn't mean it won't continue up to create another top. I don't know the calculations but the trading band does change with the movement of the stock. I would expect at some time that the top of CAMP's trading band will move up - to where I don't know but let's watch and see.

By the way, I haven't looked at the chart so I don't know the extent of the pullback.

Signing off for now. Heading home with 800 smackaroo's in my pocket. Thank you Nugget!
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