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To: Patrick Slevin who wrote (12554)3/4/1998 9:04:00 AM
From: Trader X  Read Replies (2) | Respond to of 17305
 
I went to that school.

classical TA says that confirmation of a breakout requires a pullback and support hold. It's the absolute safest way to buy based on TA. But we do get a mite anxious, don't we?

I can't tell you how many stocks have ran away from me as I waited for the pullback that never came. Sometimes the horse just runs! This time we have a veritable slew of breakout/pullbacks to pick from.