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Strategies & Market Trends : P&F Research -- Ignore unavailable to you. Want to Upgrade?

To: Ms. X who wrote (91)	4/3/1998 12:27:00 AM
From: Smooth Drive	Respond to of 389

Jan, Good Evening. Thank you for the input. It made perfect sense. Your second scenario is what I had in mind. I was assuming (there's that great word) that the market, sector, RS, trading band, FA, etc., were all copacetic. Then, if a particular stock had a healthy run up, and one still wanted to make an initial purchase or, add to an existing position, was there a general "rule of thumb" as to how far the stock should pullback before one pulls the buy trigger for optimum risk/reward. It probably just comes down to an individuals comfort level. For now, I'll continue using the pullback numbers I referenced. Your charts are a great addition! Nice work. Eric