Well, I guess I actually needed to rephrase my original question... I was putting on a new chain, and was wondering about about how much it will "stretch", not how many times or when to adjust. Just trying to figure out how far from the desired position that I should adjust it at to start.
ex. If I want it at point A, and the chain will stretch about 1/2 inch, then I should adjust it -1/2 inch from my desired position.