[MalcolmSm1th]

I am going through the Weinstein book very carefully this time and making notes. What I am aiming to do is to make a complete and consise set of rules and guidances because there's a lot in here and as we know, in a wall of examples may be a key rule to observe.

Anyway, I am looking at Chapter 3 "An Ideal Time To Buy" and this is where he differentiates between his INVESTOR method and his TRADING method.

With the INVESTOR method he has two entry points to a trade. The first is on an early stage 2 breakout for half the stake and the other is the possible pullback to to the old resistance/breakout point (page 59)

With the TRADER method he has two possible entry points. The first is at the start of the stage 2 at the breakout which is the same as the Investor's initial entry point. The second entry point is at the Continuation breakpoint which happens higher up the price chart when the price takes a breather and then takes off again (assuming that the MA is still progressing) (pages 61 & 62)

That's both clear and understandable. The problem I have is on page 63 when he says that the Investors should do "75 to 80% early stage two buying with the remainder coming from continuation moves".

Now, since that continuation moves have been clearly marked as the sole domain of the trader can someone explain what he means here. Surely he doesn't mean 'pullbacks' or does he?

- Malc