Hello, Matt,

   I've been training up my son, Josh, who is home from UConn where he is heading into his Senior year as a Business and Finance Major.  We both love following all the updates and alerts on Breakpoint and wanted to thank you again for all the effort and keeping it so affordable.

     I wanted to clarify something.  We shorted TOL on Tuesday, the first time it broke down under the 17.00 level.  As you know, it popped back up that day and we wound up being stopped out just above 17.50 for a small loss.  Then, we missed getting short when it broke again and, of course, this time it works!  Well, after 33 years of trading, I know that playing the "victim" of bad luck and timing, leads to absolutely nowhere!  So, what did we do wrong?

    The first thing I noticed is that you did not consider it triggered, even though it clearly traded under 17.00 that day.  Then, we had to figure out our own stop and might have gotten it wrong.  Thirdly, what are the guidelines for breakdown/breakout failures...i.e. if it goes through slightly once and pops up, is it still a play?  How about 2 or 3 times? What if it penetrates substantially and goes racing back above the Breakpoint; is it still a play  for later that day?  I guess all this would have to happen intraday, otherwise we could just take a fresh look at the Watchlist, right?

     So, Matt, I'll leave it here.  I re-read the "rules" for the Watch-list, and it does not address the issue of an intra-day penetration of the Break-point vs. a close through it.  Of course, if we use the close, it could be MILES away by the time we go to get in.

                                                                                  Respectfully, Marc G