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

To: Mr. BSL who wrote (214)	8/22/1998 7:24:00 PM
From: wizzards wine	Respond to of 389

Glad to see our results are close...did not look forward to entering all that data again... Cash balances are not a problem in the tracking system that I am using AIQ software...we could even put in stops, trading cost ect, but for the time being, we're just fine... I'll look at the issues we currently have tomorrow to see the effect of buying on pull backs, but believe that a new portfolio will better illistrate the effects more accurately as it's easy to say, "well look at that, XYZ pulled back 6 instead of 3 and that would have been a better entry point" I think you see my point...as far as the rules for a pull back, I say at least a 3 box reversal, and depending on the past chart one may want to let the history guide the buy...ie if it normally pulls back almost to the trend line or a general point we should take advantage of this pattern.. Let me look at things and I'll get back tomorrow... Did you get your reading? Later Preston