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Strategies & Market Trends : Point and Figure Charting

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To: Ms. X who wrote (10185)	11/25/1998 2:06:00 AM
From: Lyn Benson	Read Replies (1) of 34809

Jan - could you re-visit VTSS for me? Some time ago you suggested waiting for a pull back, which I could easily see, but it kept on going straight up to 36, did a little reversal, which I was not fast enough for, and back up again to 40. To help me learn, should I have taken a partial position at the break above the BRL at 29 and then added more if it pulled back? Chartcraft has a PO of 70 on it...at this point,with such a high price objective, would you again hope it pulls back for entering or not chase it and just say bye-bye? Does PWJ fit this same pattern for a partial buy here, with RS in buy and Chartcraft PO of 78? Thanks so much for your help!

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