Steckler's Star Studded Stock Picks

[dmk112]

VPHM working also, it filled that gap already and pulled back now. Let's see if it can bust it.

[DSteckler]

Bought BNI

BNI has pulled back to the 20-day EMA. This EMA has acted as support each time tested since late October. The daily RSI hasn't been below 50 since July, which is very bullish.

[Lyehopper]

Retracement confirmation?

Up, up, and away! CNTF has risen through the 50% retracement level of the Dec. - January decline. Notice how the price hovered around the 38.2% level the past few days. Next resistance is the 61.8% level, around 16.40.

Now here's something interesting: take the all time high back in June and the all time low in October and construct a Fib. series. The 38.2% retracement level was around 12.50 and the December low was 12.59. The 50% retracement level was very close to the 38.2% level of the Dec. - Jan. Fib series. And notice how the 61.8% level was resistance for the same few days CNTF hovered around the 50% level of the Dec. - Jan. Fib. series.

This confluence of Fib. levels is referred to by Joe DiNapoli (author of "Trading with DiNapoli Levels") as Fibonacci Price Clusters. It graphically illustrates the fractal nature of Fibonacci.

http://www.ttrader.com/mycharts/disp...yCharts&id=690

Hey DS? Do you ever use Gann fan lines to confirm a retracement? Here's what I do DUDE....

[DSteckler]

<< Do you ever use Gann fan lines to confirm a retracement? >>

Yup.

[DSteckler]

GIGM yowee!

Up another 10% today. Getting extremely extended but I'm riding it as long as it keeps moving higher!

[Lyehopper]

<< Do you ever use Gann fan lines to confirm a retracement? >>

Yup.

Do you ever mark up and post cool charts (direct link) for your readers veiwing pleasure?lol

[DSteckler]

Lye, I post charts all the time. Look at my post about CNTF; there's a link in it.

[Lyehopper]

Lye, I post charts all the time. Look at my post about CNTF; there's a link in it.

I see em dude, I just like the chart to pop up in the body of the post that's all, just a personal preference.... I guess Spikefader has spoiled me.... I do follow this thread pretty closely though.... hey, I'm just pickin on ya a bit. keep up the good work!

[DSteckler]

<< I just like the chart to pop up in the body of the post that's all >>

How is that done?

[dmk112]

Dave, put the URL like this this (w/o the quotes)

"[img]Htt://www.blah.jpg[/img]"

[Lyehopper]

It'll take a little practice....

<< I just like the chart to pop up in the body of the post that's all >>

How is that done?

Well Spike is the expert and he taught me everything I know.lol.... Here's what I do.

First of all I don't use stockcharts.com.... I'm a Vector-Vest dude and I use V-V Prographics and Protrader. So when I bring up a chart I just hit the (Prt Sc) button and paste it to MS paint. Then I trim it open a new window and past the trimmed image. Then I can draw lines, type words paste other stuff on the image or whatever I want to do.... then I post it to ImageShack and copy and paste the correct link for forums and BEHOLD there it is! Now I know that sounds like alot to do.... but It only takes me a minute to do it. ImageShack is a very cool tool to learn how to use. When I first came here I didn't know there was a (Prt Sc) button on my computor.lol

[DSteckler]

<< Dave, put the URL like this this (w/o the quotes)

"[img]Htt://www.blah.jpg[/img]" >>

Does that require the image be placed on a server?

[Lyehopper]

<< Dave, put the URL like this this (w/o the quotes)

"[img]Htt://www.blah.jpg[/img]" >>

Does that require the image be placed on a server?

Check out http://imageshack.us/ it's very easy to use once you've signed up.

[DSteckler]

I tried a couple of images, Lye. They're still too large to clearly see all the lines and annotations I put on the charts.

[DSteckler]

CTV running

New high on very heavy volume. Didn't see any news.