[isatrader]

Yeah thats the tricky part, making your entry at the best pullback. So know I know to wait for a pullback near the support and stabilization. However, how long is the stabilization period usually?

It's a good question, but unfortunately there is no definite answer. In my Q&A with Weinstein recently he said: "I suggest doing secondary buying when a stock pulls back close to the breakout point, and you then see it stabilize near that level."

So it's a judgement call on whether you think the stock has stabilized and something for my list for us to explore on here. Personally, I tend to identify the area of support and then watch for a stock to make a new potential swing low in that area. I determine this by the stock making higher close and then closing the following day above the previous days high. i.e. it's stopped making lower highs and has made a higher high, as well as a higher close, and so has in the very short term at least stabilized a little. There are many other ways, but that's what I look for, as well as obviously watching what the broad market is doing, as it has very big effect on most stocks intra-day movements.

Does the pullback entry matter for one who is doing this investor method?

The pullback entry is a major part of the investor method (point B on the below investor chart), as it is used as the secondary buying point where an investor will buy the second half of their position (See attached diagrams from the book).