Comments for Trading Growth - Investing in stocks, investing the stock market, growth stocks http://www.tradinggrowth.com If we could sell our experiences for what they cost us, we’d all be millionaires. Wed, 10 Mar 2010 07:11:08 +0000 http://wordpress.org/?v=2.6.2 Comment on Buy 89 Monolithic Power System (MPWR) @ $28.21 by andrew http://www.tradinggrowth.com/2008/08/buy-89-monolithic-power-system-mpwr-2821/#comment-50 andrew Wed, 13 Aug 2008 03:57:49 +0000 http://www.tradinggrowth.com/?p=310#comment-50 I think the rally is still in full swing. Right now, I am sitting on small losses (all within -3%) on MPWR and OSIP. Check out my posts on OSIP. I think some of the leaders that are getting hit have flaws in their charts. We'll see what happens I think the rally is still in full swing. Right now, I am sitting on small losses (all within -3%) on MPWR and OSIP. Check out my posts on OSIP.

I think some of the leaders that are getting hit have flaws in their charts. We’ll see what happens

]]> Comment on Buy 89 Monolithic Power System (MPWR) @ $28.21 by Garrett http://www.tradinggrowth.com/2008/08/buy-89-monolithic-power-system-mpwr-2821/#comment-49 Garrett Tue, 12 Aug 2008 23:05:08 +0000 http://www.tradinggrowth.com/?p=310#comment-49 Amazing - I did the same EXACT thing. My reasoning was identical. A little scary. I was bird-dogging MPWR as it was building volume ahead of the break out over $27.60. Unfortunately I received a phone call only minutes before MPWR surged past the Buy Point, and it surged fast and furious. I bought in 2.5% above, having waited that whole time for a little pull back closer to the Buy Point that never came. Not wanting to miss the entire move (which can happen in a strong market), I got in a position, then excersised some patience to get in again, only to see it fall quite a bit, all the way back to the buy point. Rather than pyramid up, I did just what Andrew did and averaged my position, as I liked the day's movement. How are you doing in this new rally? I liked the action early so I dove in, but suddenly a number of leaders are getting hit. Will the break outs last? Garrett Amazing - I did the same EXACT thing. My reasoning was identical. A little scary.
I was bird-dogging MPWR as it was building volume ahead of the break out over $27.60. Unfortunately I received a phone call only minutes before MPWR surged past the Buy Point, and it surged fast and furious. I bought in 2.5% above, having waited that whole time for a little pull back closer to the Buy Point that never came. Not wanting to miss the entire move (which can happen in a strong market), I got in a position, then excersised some patience to get in again, only to see it fall quite a bit, all the way back to the buy point. Rather than pyramid up, I did just what Andrew did and averaged my position, as I liked the day’s movement.
How are you doing in this new rally? I liked the action early so I dove in, but suddenly a number of leaders are getting hit. Will the break outs last?
Garrett

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