Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Strictly Buy and Sell Set Ups -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (7024)	1/17/2006 11:53:13 AM
From: chowder	Respond to of 13449

Re: MVK ... MVK was presented here on 1/10 with a profit target of $2.00 to $4.00. Price has exceeded the first profit target and I have not taken profits yet. Volume is exploding today and I will hold for the higher price profit target. Message 22045038 $45.30 in real time. stockcharts.com[h,a]daclyiay[d20051117,20060117][pb50!b20!f][vc60][iut!Lah12,26,9!Lc20]&pref=G dabum

To: chowder who wrote (7024)	1/23/2006 10:29:22 PM
From: chowder	Respond to of 13449

Re: 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. <<< I did not take profits at the $2.00 target and raised the profit target to $4.00. Message 22068744 I sold 1/2 position today for a $4.00 per share profit. Original chart: stockcharts.com[h,a]daclyiay[d20051109,20060106][pb50!b20][vc60]&pref=G Up to date chart: stockcharts.com[h,a]daclyiay[d20051109,20060123][pb50!b20][vc60]&pref=G The objective now is to buy back a full position on any pull back to the rising 20 day moving average. Stop is moved up to the entry target of $42.41. dabum

To: chowder who wrote (7024)	2/13/2006 10:17:51 PM
From: chowder	Respond to 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. <<< I had reported selling 1/2 of the position with a profit of $4.00 per share. The trade exceeded expectations. ============================================================= Updated status: 1/10 MVK (msg #7024) ... Trade closed ... 1/2 position ... up 9.4% 1/10 MVK (msg #7192) ... Trade still open ... 1/2 position ... up 2.6% ..... E $42.41 ... AS $42.41 ... PT $2.00 - $4.00 ============================================================== The trade was performing well enough that I decided to change the time frame from intermediate to long term. This has caused me to give back some profits on the second 1/2 position. However, price is now testing the 50 period moving average on the daily chart. If price can trade above today's high of the day, I will add a full position to my long term hold. That will give me a position size of 1 1/2. Daily chart: stockcharts.com[h,a]daclyiay[d20051125,20060213][pb20!b50][vc60]&pref=G I will follow up with any information regarding whether the new trade triggers or not. I have adjusted my stop on the original position. I have it set at the break even point of $42.41. dabum

To: chowder who wrote (7024)	3/28/2006 12:46:06 PM
From: chowder	Read Replies (2) \| Respond to 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