Spike's Scientific Stock Analysis

[spikefader]

Thanks a million for the nice analysis. I will set the stop at breakeven. The news out Thurs. evening was an earnings release of record sales and income. Qtly. net sales +137%. (copper wire business) I'm familiar with the MACD, but what is the CC you are using?

You're welcome. Good luck with it. CCI is commodity channel index.

[carlton02]

AMED and my choice EPEX

Spike
Can you please look at these two and provide an expert chart as to there possibilities/

I dearly like them both.
thanks a million ......

carlton

[motyeh]

Spike,

Could you take a look at NFLD and ARTX for me. I'm a newbie (that may be obvious after you look at the charts) and I just can't figure out where they're going.

NFLD has a long-lasting, disease free, artificial hemoglobin that can be administered to anyone regardless of blood type, to be used in emergency (accident, military, rare blood type) situations that appears to be holding up well in Stage III trials. ARTX has shifted its market focus to security, with improving fundamentals, its first quarter of profits, $25 mill backlog of orders, etc., and jumps like a rabbit on any news. Any clarification would be greatly appreciated.

By the way, what would be on your required reading list for Technical Analysis?

Thanks Much
Tom

[carribean_mike]

Spike, Would you mind doing a chart on the QQQ on a regular basis? I don't know if daily is too much, but at least weekly. Many of us follow NASDAQ stocks and seeing a chart on a regular basis would be very educational. Thanks for all of your hard work.....

[Websman]

Spike,
I looking at the chart for WITS and My human side is saying, "Get in now before it runs further!" , but my Vulcan side is saying, "Don't be a Vulcan fool. Wait for a pullback. Good Vulcans don't chase spaceships after they leave orbit."

Has anyone else been looking at WITS with lustful human eyes like I have? I must quit letting my human side make desicions. Does anyone have any suggestions. I wonder what the great chartmaster, known as Spikefader would do in a situation such as this. I am guessing the answer would be... Wait for a pulback young Vulcan!

[scifos]

Spike, any comments on an entry point for AUO? After the move it made today I might have to wait for a dip.

[noshadyldy]

Spike,
I looking at the chart for WITS and My human side is saying, "Get in now before it runs further!" , but my Vulcan side is saying, "Don't be a Vulcan fool. Wait for a pullback. Good Vulcans don't chase spaceships after they leave orbit."

Has anyone else been looking at WITS with lustful human eyes like I have? I must quit letting my human side make desicions. Does anyone have any suggestions. I wonder what the great chartmaster, known as Spikefader would do in a situation such as this. I am guessing the answer would be... Wait for a pulback young Vulcan!

Websman, WITS was addressed two pages back on page 9. WITS looks great . I'm in.

[spikefader]

Re: AMED and my choice EPEX

Spike
Can you please look at these two and provide an expert chart as to there possibilities/
I dearly like them both.
thanks a million ......
carlton

AMED looks pretty good. I'd look for the next channel entry long 28.40ish at the moment.

EPEX chart a few days ago:

http://img47.photobucket.com/albums/v145/spikefader/Trading/EPEX.jpg

and today:

[spikefader]

Spike,

Could you take a look at NFLD and ARTX for me. I'm a newbie (that may be obvious after you look at the charts) and I just can't figure out where they're going.
NFLD has a long-lasting, disease free, artificial hemoglobin that can be administered to anyone regardless of blood type, to be used in emergency (accident, military, rare blood type) situations that appears to be holding up well in Stage III trials. ARTX has shifted its market focus to security, with improving fundamentals, its first quarter of profits, $25 mill backlog of orders, etc., and jumps like a rabbit on any news. Any clarification would be greatly appreciated.
By the way, what would be on your required reading list for Technical Analysis?
Thanks Much
Tom

NFLD looks good. Came close to perfect channel entry couple days back...just keep waiting for a channel entry.

ARTX, maybe in the process of 1 to 5 wave move, but channels not setting up for this one yet...

already discussed required reading earlier in thread.

[spikefader]

Spike, Would you mind doing a chart on the QQQ on a regular basis? I don't know if daily is too much, but at least weekly. Many of us follow NASDAQ stocks and seeing a chart on a regular basis would be very educational. Thanks for all of your hard work.....

Sure thing mike, maybe weekly or any time I see significant moments. Thanks for the thanks

[spikefader]

Spike,
I looking at the chart for WITS and My human side is saying, "Get in now before it runs further!" , but my Vulcan side is saying, "Don't be a Vulcan fool. Wait for a pullback. Good Vulcans don't chase spaceships after they leave orbit."
Has anyone else been looking at WITS with lustful human eyes like I have? I must quit letting my human side make desicions. Does anyone have any suggestions. I wonder what the great chartmaster, known as Spikefader would do in a situation such as this. I am guessing the answer would be... Wait for a pulback young Vulcan!

Yes, you got it ... wait for a pullback young Vulcan. The emotion associated with fear of missing the train can lead to insane decisions...and then regret.....and then hope....and then depression bla bla bla. Keep your emotions in check and use that Vulcan reasoning to patiently wait for logical entries when there is momentary weakness. Haggle with the seller. Make the seller chase you. She'll come down on a simple retracement for whatever reason, and when she does, that's when you move in calmly and push the button. That earlier intraday chart for WITS was the absolute perfect entry. Weakness, support channel level, intraday pattern, breakout, boom. That's what you need to search for.

[spikefader]

Spike, any comments on an entry point for AUO? After the move it made today I might have to wait for a dip.

tricky one. EDIT: in chart I say 'red channel', should read 'pink channel'

[spikefader]

QQQ entry long

This is simple pattern trading. And it's a perfectly logical place to buy. SHS on daily, with SHS intraday. Long 36.40, stops tucked under low of day.

[spikefader]

And another bigger inverted SHS.
EDIT: Should be stopped out for only -.21. The setup was not valid, and no pain. Got to love those stops.

[spikefader]