Fear of missing out must be something all investors struggle with from time to time. If you are an investor who is feeling like kicking yourself today, my guess would be that urge to kick has something to do with seeing huge bounces in investments outside of the investment spectrum of CANSLIM.net reports - reports designed to help you adhere to a fact-based investment system that we remain confident works as it has always!
You have indicated that the well-noted
6-week winning streak the market has produced makes you fear that you've waited until the risk is "too great" for you to get in now. I will remind you that the best way to manage risk is to always make disciplined entries and exits. Now, as to what was "missed" and your reference to a buy point at
$26.46 on TNDM. There is validity to the analysis from some who would suggest that if you did not have quick reflexes to buy an initial breakout, as a "second chance" to accumulate shares of a high-ranked leader, one can buy upon the stock's first pullback to its
10-week average and they can accumulate shares all the way up to as much as
+5% above the stock's recent high.
In this case, that might be as high as $27.68, and we DID NOT put it that way in CANSLIM.net reports. For your knowledge, this approach can be used for all stocks and still arguably be considered disciplined "second chance" entries. You indicated a personal past that too often has been out of sync with the market, so perhaps your focus is going to be better spent on grabbing more first chances.
TNDM was first featured in yellow on 3/02/09 at
$18.89 in the mid-day report w/
$21.08 pivot point to
$22.13 max buy price. It made
12 subsequent appearances in the mid-day report (including 3/23 when its color code was changed to green and noted as getting "extended" from a proper base, and 4/08 when it dipped intra-day under its "max buy" price). It is among a couple of current Featured Stocks that recently retested support near their original buy points or pivot points when consolidating after powerful breakouts. My view is that pullbacks of that type are really your best "second chance" entries, rather than second chances that have you potentially chasing a leading stock more than
5% above the pivot point from a sound base and proper breakout.
TNDM was analyzed after 3/02/09 in detail with annotated graphs
5 times in the Featured Stock Update section:
3/02/09
http://premium.canslim.net/cnnews/pcbor/a/breakoutstodaypay030209.asp#fsu3/10/09
http://premium.canslim.net/cnnews/pcbor/a/breakoutstodaypay031009.asp#fsu3/20/09
http://premium.canslim.net/cnnews/pcbor/a/breakoutstodaypay032009.asp#fsu3/31/09
http://premium.canslim.net/cnnews/pcbor/a/breakoutstodaypay033109.asp#fsu4/09/09
http://premium.canslim.net/cnnews/pcbor/a/breakoutstodaypay040909.asp#fsu
In a robust Bull Market, many stocks performing as well as TNDM (or better over a similar time span) might not make as many appearances or receive as frequent updates with annotated graphs. In times when there are 30 or more stocks on the Featured Stocks page, you can expect that each issue does not get such redundant coverage as they do during times with such thin leadership!
