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To: Trader X who wrote (867)	6/11/1998 10:50:00 AM
From: Investor2	Read Replies (2) \| Respond to of 1471

Re: "The safest strategy would be to watch the breakout, and the usual reaction back to the previous line of resistance. If the price holds, the time to buy would be on the low, in this case $30." 1. How long does the price have to hold? 2. How much of a penetration of the support is acceptable? For instance, in the example chart you provided, the price dropped sharply in about the last week of October. How would one have know that it was time to buy and not time to sell during this decline? Thanks, I2

To: Trader X who wrote (867)	6/11/1998 9:09:00 PM
From: Investor2	Read Replies (1) \| Respond to of 1471

Also, you said, "In this one year chart, notice first the 2 1/2 month flat line of resistance at $30 last summer, from mid July to early Oct." How long of a flat line of resistance is required to effectively trade a price breakout? Best wishes, I2