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Strategies & Market Trends : Charts for Breakout II

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To: Jibacoa who wrote (1924)1/16/2004 8:24:54 PM
From: Jim Roof  Read Replies (1) of 8531
 
I have a simple question. I love the idea of being able to screen breakout stocks but about 90% of the ones posted here miss my criteria of placing the trade on the pullback that usually happens a day or so after the breakout. I realize that the markets simply may not have many of these charts right now. Do many of these breakouts get posted soon enough to make the trade on the pullback?

BTW, NT looks to have busted out of a flag today. I have a target of 9 and, strangely enough, the P&F chart says 9 is the new target as well. I am long on NT.

bigcharts.marketwatch.com
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