Re: [CANSLIM] Break outs or pullbacks

From: Davellil5@aol.com
Subject: Re: [CANSLIM] Break outs or pullbacks
Date: Mon, 14 Jul 2003 13:22:16 EDT

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Gene:

It's hard allright.

But when I wait -- and get that wiggle room (or cushion, as I call it) -- 
it's a great feeling.

I wish I kept a statistical tally of the  percentage of breakouts this year 
that were followed by a sufficient correction to whipsaw anyone who bought on 
breakout.

As I've said, my unstatistical recollection is 70% or more.

Regards, Dave

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