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Strategies & Market Trends : Strictly Buy and Sell Set Ups

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To: chowder who wrote (7024)3/28/2006 12:46:06 PM
From: chowder  Read Replies (2) of 13449
 
Re: MVK ... >>> 1/10 SET UP ... MVK ... Intermediate to long term

Entry above $42.40. Initial stop loss below $41.04. Price or profit target, $2.00 to $3.50. <<<

MVK has far exceeded both profit targets and I am still in the trade. I have already added to this position and taken profits on a couple of trades that were about 10% on each trade.

MVK is breaking out to new highs today and is up 22% on the remaining position.

MVK was the only overweighted position I have had to date and it has been very profitable.

stockcharts.com[h,a]daclyiay[db][pb50!b20!f][vc60][iut!Lc20!La12,26,9]&pref=G

dabum
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