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Re: longjonsilver post# 1780

Monday, 06/23/2003 12:36:10 PM

Monday, June 23, 2003 12:36:10 PM

Post# of 3572
Another rule about breakouts is to buy the pullback. There usually is a pullback toward the breakout point and that is the time to buy because it reduces risk. Of course the riske is that it keeps going lower and that is why I try to look for some other technical confirmation and sometimes will let the pullback happen and buy the new high.

There are no real answers and it is far more an art than a science.

Little joe

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