C long/short spotting - should we have a dedicated thread?

[TFred]

Greetings,

For a good laugh .check this out.



Could you staighten me out Spike,I do like the triangle that appears to be breaking up.

cordially Tom

[TFred]

Greetings,

As far as a play,Im considering buying support Monday,with a stop around 11.50,and a target of 14.

R/R = Risk .25 reward of $2.25

cordially Tom

[Runner]

Here is CERS group chart.

[skiracer]

Spike,
You've acquired 5 stars already. Can't give you anymore, can we?

Spike,
You surprise me. Don't you know the answer already. Ok, I'll give you three stars!!! LOL. You're not going to be putting up a "is Spike a legend" thread are you? You'll be going over to the dark side next.

[spikefader]

lol; DRL is actually a good one in review. A chance for me to provide the laff hehe That's my simpleton count anyhoo.

Shows how a 'c' failure can can turn around a gap down on volume, and turn it into an impulsive bull. That gap down and support at 8.00 shows where it exhausted the sellers....

Channel wise, bulls took out the 11.70 channel shorts, so bias is long. Nice numbers for that play of .25 for 2.25 I think.

[New-born baby]

CERS: old Round Top

CERS sports a round top.

http://mysite.verizon.net/resppzq7/roundingtop.html

Picture perfect, wouldn't you say?

http://img276.imageshack.us/img276/1854/chart10yq.gif

Could make a c failure still. Not concerned about it. The option chain is
incredibly strong.

BNT took a tremendous beating this week. I'm long gone, but I still watched the beating.

[spikefader]

Spike,
You surprise me. Don't you know the answer already. Ok, I'll give you three stars!!! LOL. You're not going to be putting up a "is Spike a legend" thread are you? You'll be going over to the dark side next.

Good Lord no! lol It ain't about that fer sure. I'm just a monkey at the wheel!!! heh

But seriously, some folk may not seen much value in this stuff so I just want some feedback as far as reality on how many people are a) reading this mess and b) what they're getting out of it. I know there were plenty of yes votes for the thread, but now it's been going a while I see there were only 3 votes, so I'm tryin to get a bigger number of opinions. Why? Frankly, it takes a lot of time to do all this stuff and it'd be nice to know just how 'worthwhile' it's considerd by others. I know how good the setup is. I'm wondering how many other people are seeing the value too.

[New-born baby]

Good Lord no! lol It ain't about that fer sure. I'm just a monkey at the wheel!!! heh

But seriously, some folk may not seen much value in this stuff so I just want some feedback as far as reality on how many people are a) reading this mess and b) what they're getting out of it. I know there were plenty of yes votes for the thread, but now it's been going a while I see there were only 3 votes, so I'm tryin to get a bigger number of opinions. Why? Frankly, it takes a lot of time to do all this stuff and it'd be nice to know just how 'worthwhile' it's considerd by others. I know how good the setup is. I'm wondering how many other people are seeing the value too.

Spike,
I know you work like a dog. All of us pups out here appreciate it very much. We just never took the time to vote. I hadn't. I saw that there were five stars on it, and that settled it for me. I figured someone else had already settled the matter. In any case, keep up the great work!

[spikefader]

CERS sports a round top.

http://mysite.verizon.net/resppzq7/roundingtop.html

Picture perfect, wouldn't you say?

http://img276.imageshack.us/img276/1854/chart10yq.gif

Could make a c failure still. Not concerned about it. The option chain is
incredibly strong.

BNT took a tremendous beating this week. I'm long gone, but I still watched the beating.

Nice observation NB!



Yeah, BNT; sad failure that one. But they will do that. It's by keepin' em tight that we save ourselves! Grats on takin' the pain dude. Never easy.

[Runner]

Spike, here are a few more stocks that have been beat up pretty good. Some have completed the ABC off monthly chart.
TYC TXN NTRS INTC HD MRK MSFT FITB BSX ORCL SYMC

If ya get a chance let me know what ya think of them. Remember looking off monthly and have yet checked out the weekly.

I think ORCL is positioning to make a move. It is a thick stock and so you won’t get 20% returns in 20 days but I’ll keep an eye on it.

[spikefader]

CRED; might be worth a play at 22.95. Not really liking the SHS up top though....

[DSteckler]

But does he play Fizbin?

[spikefader]

NG pounce time?

This one failed for -2.2% yesterday.

[spikefader]

INSM 'c' is done!



This actually set up the other day with an inverted SHS with neckline break at 2.36 (posted) while it was still in the 'c' down and the intraday pattern failed.

But here it is again, confirming the 'c' is done today. You'll note this is the long I took in POTW today on the return to S1.

I am very bullish on the long-term pattern too. Cup with handle, all A-B-O-O-O-O-O-O-O-A-R-D!!

INSM update

[spikefader]

Hey Spike ya think HANS is a short?

Yep; it's got a failed 'c' pattern, and channel short on Thursday. That high volume gap just exhausted itself and I'd be looking for gap fills now....