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Strategies & Market Trends : Trading From Main Street. -- Ignore unavailable to you. Want to Upgrade?

To: Brandon who wrote (2)	5/6/2001 9:22:19 PM
From: Eric P	Read Replies (1) \| Respond to of 226

Brandon, People can find a few examples of the Pullback Buy at the following link: teachmetotrade.com I'm bookmarking your new thread and I'll try to get a few posts in every now and then! Keep up the good work. -Eric

To: Brandon who wrote (2)	5/6/2001 10:29:07 PM
From: Brandon	Respond to of 226

Flour Corporation (FLR). When traders looking for buying opportunities, those that are pulling back from new highs often present some of the lowest risk opportunities in the market. Look at the daily chart of FLR, you can see that after reaching new highs on 4/27, it has pulled back making lower lows and/or highs over the last five trading days. On friday FLR showed signs of reversing its downswing. Look for buying opportunities if it trades above $52.40. Protective stops can be placed under intraday support found at $51. swingtrader.net Brandon teachmetotrade.com

To: Brandon who wrote (2)	5/8/2001 2:09:21 PM
From: Brandon	Respond to of 226

AFLAC is a good example of a PBB pattern on the daily chart. Uptrending issue making higher highs and lows. After a rally to new monthly highs, a small pullback to minor support and then a rebound. Nice Tradeseeker alert. Brandon

To: Brandon who wrote (2)	5/8/2001 7:41:17 PM
From: Brandon	Read Replies (1) \| Respond to of 226

The Average Directional Movement Index (ADX) is an indicator which was developed by Welles Wilder. It is a calculation based upon positive directional movement (+dma) and minus directional movement index (-dma). The ADX is used to measure how strong a trend is, regardless of if this trend is up or down. A high ADX measure reflects a strongly trending market and a low ADX reflects a non trending market. In general if you find a stock which meets the Pullback Buy Pattern or the Reversal Short Setup set up criteria's and has an ADX above 35 you have a set up with great potential for large 3 to 5 day gains. This is especially true if you see some of the other combinations I have already mentioned are in place. Brandon teachmetotrade.com

To: Brandon who wrote (2)	5/9/2001 9:41:50 PM
From: Brandon	Read Replies (1) \| Respond to of 226

Many times you will find a setup that is very much "in the spirit of" the criteria but does not strictly meet it. Alcoa is such a situation. We have an uptrending stock which has over the last several days, though in a "sloppy" manner. We will look for buying opportunities if AA trades above $41.48 with a stop placed under $40.25. swingtrader.net Brandon

To: Brandon who wrote (2)	6/4/2001 12:29:15 AM
From: Brandon	Respond to of 226

Invitrogen Corp (IVGN) is an uptrending stock making higher highs and lows. The stock has pulled back over several trading days from multimonth highs. The pullback has brought the stock to price and moving average support. After a stock reaches multimonth highs pullbacks are buyable. Look for buying opportunities if IVGN trades above 74.25 with a stop placed under 71.50. Brandon

To: Brandon who wrote (2)	6/4/2001 1:03:09 AM
From: Brandon	Respond to of 226

Shuffle Masters (SHFL). Notice a trend here :-). Another uptrending stock of higher highs and low, Shuffle Master has pulled back over the last few days to an area of prior price support. Look for buying opportunities if SHFL trades above 33.80 with a stop under 32.10. Brandon teachmetotrade.com

To: Brandon who wrote (2)	6/4/2001 1:10:15 AM
From: Brandon	Read Replies (1) \| Respond to of 226

The Trend, The Trend, The Trend. Uptrending stocks and indexes often pullback before resuming strong moves to the upside. This is at the core of many very profitable trading techniques (including the one I use). Whatever works in a stock will work in an index. That said, watch Biotech for potential buying opportunities. Brandon