From the Trading Desk

USNA 11-18/11-19-02 to 11-5-03

This was one of the original breakouts of the new bull market that started in October 2002 and by being one of the first it was not hard to buy a lot of the stock. However, I did not load up on this particular stock because the BOP went from max green to green which, at the time, I thought might keep this stock from being one of “the best.” Oh how I was so wrong. USNA rallied a beyond-impressive 675% and 610% from my first two purchases to the ultimate top almost a year later. The biggest sell was on 6-16-03 with a 406% and 364% gain realized from the first two large buys. This was a great long and in hindsight I made a big mistake by worrying about the BOP not still being max green. Instead I should have noticed that BOP was rising from a lower green level to a higher green level.

the first buy:

usna11_18_02long__Large_.PNG

usna11_18_02short__Large_.PNG

the bigger second buy:

usna11_19_02long__Large_.PNG

usna__Large_.PNG

the third and last pyramid buy:

usna12_18_02__Large_.PNG

the biggest sell:

usna6_16_03long__Large_.PNG

usna6_16_03short__Large_.PNG

the ultimate top:

usna11-5-03 (Large)_1.PNG

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Comments

  1. Siva Kumar says:

    Hello Mauitrader,

    Would like to know the reasoning behind your sell on USNA on 06/1603

    Appreciate your thoughts

  2. CLEAR CLIMAX RUNS. :)

    LOOK AT HOW MUCH THEY WERE UP. THEN LOOK AT THE RATE THEY STARTED TO CLIMB. THEN LOOK AT THE VOLUME. DO YOU SEE THE GIGANTIC!!!!! SURGES IN VOLUME. That is why over 1/2 was sold there on 6/16. WHEN A STOCK HAS BEEN TRENDING HIGHER AND THEN STARTS MOVING AT AN EVEN HIGHER RATE (GOING PARABOLIC) AND ON THAT MOVE VOLUME EXPLODES TO ITS HIGHEST LEVELS EVER, YOU NEED TO TAKE PROFITS.

    YOU WILL SEE THIS ON EVERY!!!!!!!!!!!!!!!!!!!!!!!!!!!!! PAST BIG WINNER. NOTICE I ALMOST ALWAYS!!!!!!!!!!!!!!!! MAKE MY BIGGEST SELLS INTO THESE. IT WAS EVEN LIKE THAT WITH AFSI IN 2007 (WELL ONLY 25% BUT STILL I WARNED EVERYONE IT SEEMED CLIMATIC) Obviously, without the benefit of hinsight, though, you are going to make some wrong choices. Not selling more AFSI (my most recent top stock w/ strong fundies) was a wrong choice.

    GREAT LUCK OUT THERE, SIVA!!!!!!!!!!!!!

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